Question 4c
Marking Guide
| up to 1 mark | per well explained ethical risk |
| up to 1 mark | per well explained step to reduce risk |
| max of 5 marks | for risks |
| max of 5 marks | for steps to reduce |
– duration of audit no more than two weeks | |
– free accounts preparation service | |
– engagement letters not updated | |
– contingent fees | |
– timing of audit | |
– contact previous auditor of cinnamon brothers co | |
| (10 marks) |