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I am going through Aud 4 transaction cycles and it’s really too much of memorization for me. Is it enough to know which assertions go for each account balances, transactions and disclosures OR do i need to know in detail what the auditor does in each assertion for balances, transactions and disclosures?
This is the second time i am going through this lecture and still i am not able to recall . Auditing is really killing me !
Finally done!!! Experience-pending. Ethics- Pending.
Reg 78 / 73/82.
Aud 74/89.
BEC 72 /78.
FAR 74/ 73/ 82.
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