Suitably acknowledged and referenced
Select, present and synthesise relevant auditing information
Effective use of written communications (this is the most important learning outcome of the assessment and it will be marked to offer advice as to how to improve this skill, if needed)
A top ten firm of auditors has recently advertised for new staff and are recruiting Accounting and Finance undergraduates who will be graduating in June 2017.
Their advert states the following:
Critically evaluate this statement.
In the Introduction to International Standard on Quality Control 1, it states: ‘This International Standard on Quality Control (ISQC) deals with a firm’s responsibilities for its system of quality control for audits and reviews of financial statements, and other assurance and related services engagements.’
A description of the qualities that are required by a trainee; these will be similar to those expected of a qualified accountant.
A discussion of key technology issues that have affected the auditing profession in recent years and are expected to continue over the next few years.
Layout and presentation of the letter and Section a) 20%
Sections (b), (c) and (d) – 20% each. The quality of the knowledge of
In general there are no right or wrong answers and marks will be awarded based on the quality of writing, analysis and knowledge.
(It is understood that most students do not have practical experience in this field and this will be taken into account in the marking process).