School of Accounting, Economics and Statistics
EDINBURGH Napier university
School of Accounting, Economics & Statistics
AUDITING
aCC09909
Academic session: | 2010/11 | Diet: | January | Exam duration: | 3 hours | Reading time: | 15 minutes | (excluding reading time) | | | | Total exam time: | 3 hours 15 minutes |
Please read full instructions before commencing writing
Exam paper informationTotal number of pages: 10Number of questions: 15Attempt ALL Questions in Section A and Section B and attempt TWO Questions from Section C | Special instructions * None * | Special itemsNone |
Examiner: Alun Fotheringham
SECTION A: Attempt ALL Questions
-------------------------------------------------
Each question is worth 2 marks. Candidates should clearly identify the answer to each question in their answer booklet. Only one answer per question should be identified.
1. To enable the auditor to carry out their duties, the Companies Acts have granted the auditor certain rights. Which of the following is not a statutory right?
A A right to attend any general meeting
B A right to attend directors meetings
C A right to speak at general meetings on audit issues
D A right of access at all times to the books and accounts of the company
2. The famous court ruling that the external auditor is a watchdog, but not a bloodhound came from the court case involving:
A London & General Bank
B Thomas Gerrard & Son
C Caparo
D Kingston Cotton Mill
3. When does the external auditor’s term of office commence?
A On the date of the engagement letter
B At the start of the company’s financial year
C On the date mutually agreed by the auditors and the directors
D At the end of the general meeting at which the auditor is appointed
4. Which of the following documents provides auditors with the basic principles and procedures to be followed during the conduct of an audit?
A Bulletins
B Practice notes
C International Standards
School of Accounting, Economics & Statistics
AUDITING
aCC09909
Academic session: | 2010/11 | Diet: | January | Exam duration: | 3 hours | Reading time: | 15 minutes | (excluding reading time) | | | | Total exam time: | 3 hours 15 minutes |
Please read full instructions before commencing writing
Exam paper informationTotal number of pages: 10Number of questions: 15Attempt ALL Questions in Section A and Section B and attempt TWO Questions from Section C | Special instructions * None * | Special itemsNone |
Examiner: Alun Fotheringham
SECTION A: Attempt ALL Questions
-------------------------------------------------
Each question is worth 2 marks. Candidates should clearly identify the answer to each question in their answer booklet. Only one answer per question should be identified.
1. To enable the auditor to carry out their duties, the Companies Acts have granted the auditor certain rights. Which of the following is not a statutory right?
A A right to attend any general meeting
B A right to attend directors meetings
C A right to speak at general meetings on audit issues
D A right of access at all times to the books and accounts of the company
2. The famous court ruling that the external auditor is a watchdog, but not a bloodhound came from the court case involving:
A London & General Bank
B Thomas Gerrard & Son
C Caparo
D Kingston Cotton Mill
3. When does the external auditor’s term of office commence?
A On the date of the engagement letter
B At the start of the company’s financial year
C On the date mutually agreed by the auditors and the directors
D At the end of the general meeting at which the auditor is appointed
4. Which of the following documents provides auditors with the basic principles and procedures to be followed during the conduct of an audit?
A Bulletins
B Practice notes
C International Standards