Question 3a
Marking Guide
up to 1 mark per well explained point | |
| per isa 240 – obtain reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error | |
| identify and assess the risks of material misstatement due to fraud | |
| obtain sufficient appropriate audit evidence | |
| respond appropriately to fraud or suspected fraud identified during the audit | |
| maintain professional scepticism throughout the audit | |
| discussion within the engagement team | |
| max marks | 4 |