AccountingCode 9706
Auditing and stewardship of limited companies
What this topic asks you to be able to do
- what an auditor does and is responsible for
- the ways in which an external audit differs from an internal one
- how a qualified audit report differs from an unqualified one
- stewardship, and the job directors perform along with the obligations they owe to shareholders
- why it matters that financial statements give a true and fair view
- apply your grasp of ethical considerations and of auditing so that you can evaluate relevant information and reach informed business choices