Scribd
Upload
56 views

(7 Marks) : TH TH

This document provides updated references for exam questions from the 11th and 12th editions of Auditing Notes for South African Students. It lists exam questions from two questions, along with the relevant reference from the 11th and 12th editions for each part of the questions. The references provided are to sections in the King IV Report, the Companies Act, and textbooks by Adams, Diale & Richard and Richard, Roets, Adams & West.

Uploaded by

Monica Deetlefs
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
56 views

(7 Marks) : TH TH

This document provides updated references for exam questions from the 11th and 12th editions of Auditing Notes for South African Students. It lists exam questions from two questions, along with the relevant reference from the 11th and 12th editions for each part of the questions. The references provided are to sections in the King IV Report, the Companies Act, and textbooks by Adams, Diale & Richard and Richard, Roets, Adams & West.

Uploaded by

Monica Deetlefs
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

OCTOBER / NOVEMBER 2017 EXAM MEMO REFERENCES UPDATED FOR 11th

& 12th EDITION OF AUDITING NOTES FOR SOUTH AFRICAN STUDENTS:

QUESTION 1:

QUESTION 11th Edition reference 12th Edition reference


Q1.1. Five committees King IV Report (2016: 55- King IV Report (2016: 55-
of the governing body 57) 57)
required by King IV
(7½ marks)
Q1.2.1. Committee King IV Report (2016: 60 - King IV Report (2016: 60 -
responsible for 61) 61)
succession planning
(1½ marks)
Q1.2.2. ONE key King IV Report (2016: 60 - King IV Report (2016: 60 -
responsibility of the 61) 61)
nominations committee
(other than succession
planning)
(1½ marks)
Q1.3. Standards of Companies Act, No 71 of Companies Act, No 71 of
director’s conduct – 2008: Section 76 2008: Section 76
Companies Act Section
76
(4½ marks)
Q1.4. Eligibility to serve King IV Report (2016: 53 – King IV Report (2016: 53 –
on audit committee 56) 56)
(10 marks + 2 marks for
presentation)
Q1.5. SEVEN Adams, Diale & Richard Richard, Roets, Adams &
weaknesses with (2019: 10/11 – 10/12) West (2021: 10/12 –
explanation in revenue 10/13)
and receipts cycle as
provided in scenario
(21 marks + 2 marks for
presentation)

QUESTION 2

QUESTION 11th Edition reference 12th Edition reference


Q2.1. FIVE functions of Adams, Diale & Richard Richard, Roets, Adams &
the acquisitions and (2019: 11/3 – 11/4) West (2021: 11/3 – 11/4)
payments cycle
(5 marks)
Q2.2. EIGHT internal Adams, Diale & Richard Richard, Roets, Adams &
controls in receiving of (2019: 11/11) West (2021: 11/11)
goods function (of the
acquisitions and
payments cycle)
(12 marks)
Q2.3. FIVE Risks in the Adams, Diale & Richard Richard, Roets, Adams &
warehousing function (2019: 12/7) West (2021: 12/7 – 12/8)
(7½ marks)
Q2.4.1. Details that Adams, Diale & Richard Richard, Roets, Adams &
should be on a job card (2019: 12/8 – 12/9) West (2021: 12/8)
(1½ marks)
Q2.4.2. Any THREE Adams, Diale & Richard Richard, Roets, Adams &
procedures to follow (2019: 12/8 – 12/9) West (2021: 12/8)
before authorizing a job
card
(4½ marks + 1½ marks for
presentation)
Q2.5. Definition of a non- Adams, Diale & Richard Richard, Roets, Adams &
routine transaction (2019: 14/3) West (2021: 14/3)
(3 marks)
Q2.6. TWO advantages Adams, Diale & Richard Richard, Roets, Adams &
of using biometric data (2019: 13/17) West (2021: 13/18)
(3 marks)
2.7. EIGHT application Adams, Diale & Richard Richard, Roets, Adams &
controls to approve (2019: 13/18) West (2021: 13/19)
hours worked before
payroll preparation
(12 marks)

You might also like