a) The first generally accepted auditing standard of field work requires in part, that ‘the work is to be adequately planned’. An effective tool that aids the auditor in adequately planning the work is an audit program. What is an audit program and what purposes does it serve?

b) The question as to who owns the audit working papers is still a debatable issue. Discuss

c) How should an auditor establish the ‘existence’ of a system of internal control and how does he determine whether or not it is ‘satisfactory’