Question 1a
Marking Guide
audit strategy document | |
| 0·5 for each section of audit strategy document, 0·5 for explaining the purpose of that section, 1 for the relevant example from b-star scenario. | |
| procedure | |
| – understand the entity’s environment | |
| – understand the accounting and control systems | |
| – risk and materiality | |
| – timing and extent of audit procedures | |
| – co-ordination, supervision and review of work | |
| – other relevant points | |
| maximum marks | 8 |