Question 1c
Marking Guide
up to 1 mark per valid point | |
| management responsibility to comply with law and regulations | |
| auditors not responsible for preventing non-compliance | |
| auditors – reasonable assurance financial statements free from material error | |
| law and regulations – direct effect responsibility | |
| law and regulations – indirect effect responsibility | |
| remain alert/professional scepticism | |
| max marks | 4 |