1. Discuss ISA 240 The Auditor's responsibilities relating to fraud in an audit of financial statements. a. The objectives of the standard b. The requirements of the standard 2. What do mean by financial statement assertions? Discuss the audit objectives regarding those assertions: a. Transaction related audit objectives b. Balance related audit objectives 3. What is audit evidence? Discuss it briefly in line with ISA 500. a. Explain what do mean by sufficient and appropriate evidence. 4. Discuss the different types of audit procedures the auditor can employ to obtain sufficient and appropriate audit evidence. a. Test of controls b. Substantive tests 5. What is audit documentation? Why the auditor is required to maintain audit documentation? a. Discuss the requirements of ISA 230 audit documentation? b. What is an audit working paper? Explain also current files vs permanent files. 6. Discuss ISA 520 Analytical procedures and support it with practical examples. a. The objectives of the standard b. The requirements of the standard c. What is the purpose of performing analytical procedures at the planning stage, while performing the audit and at the final stage