Audit
College of Administrative and Financial Sciences
Assignment-1
Deadline: 12/10/2019 @ 23:59
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Course Name: Auditing Principles and Procedures |
Student’s Name: ## |
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Course Code: ACCT401 |
Student’s ID Number: ## |
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Semester: First Semester |
CRN: ## |
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Academic Year: 1440/1441 H |
For Instructor’s Use only
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Instructor’s Name: Dr. Abdullah A. Alakkas |
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Students’ Grade: ??/5 |
Level of Marks: High/Middle/Low |
Instructions – PLEASE READ THEM CAREFULLY
· The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
· Assignments submitted through email will not be accepted.
· Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
· Students must mention question number clearly in their answer.
· Late submission will NOT be accepted.
· Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
· All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
· Submissions without this cover page will NOT be accepted.
Assignment Question(s): (Marks 5)
1- What is Audit risk?
2- What is the role of an Audit committee?
3- Write about Engagement letter and its importance? What is Engagement risk?
4- When an Auditor finds misstatements in entities financial statements which may be the result of fraudulent act, what should be the role of an auditor under that situation?
Answer: (Marks ??)
1)
2)
3)
4)
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