HACK TO SCORE GOOD MARKS IN AUDIT ➡️ Some Common Keywords to be used in Audit Paper 👨🏻🎓 By CA Divyesh Vaghela ═════ ♢.✰.♢ ═════ - Limitation on scope of audit due to circumstances - Inquiry of management and TCWG - Internal control system - Consider impact on audit opinion as per SA 705 - Alternate audit procedures - Sufficient and appropriate audit evidence - Compliance with laws and regulations - Material misstatement - Existence and completeness - Independence, integrity, and objectivity of auditor - Operating effectiveness of controls - Auditor's responses to the assessed risks - Assertions regarding transactions, balances, and disclosure - Substantive procedures/test of details - Compliance procedures/test of controls to be used while answering on further audit procedures - Nature, timing, and extent of audit procedures - Re-evaluate reliability and integrity of management - Discuss the matter with those charged with governance - Going concern considerations - Analytical review procedures for financial statements and in relation to material transactions 🔗 Must Read - When to use such keywords https://t.me/Divyesh_Vaghela/1879 ══════ ♢.✰.♢ ══════ 𝕵𝖔𝖎𝖓 ➨ @Divyesh_Vaghela✅️ ĦΔPP¥ ŞŦỮĐ¥ Ҝ€€P ŞĦΔŘIŇG❤️
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