CAT / FIA FAU Classroom - Syllabus A1. The purpose and scope of an audit 1 / 6
a) Explain the nature of an audit.
b) Explain the purpose of an audit, including the advantages and disadvantages of an audit.
c) Explain the nature of accounting records, including proper records.
d) Explain the concept of true and fair presentation, and reasonable assurance.
e) Identify the content of the auditors’ report.