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1) State the audit's statutory reporting obligations 2) Explain what is required in order for financial statements to provide a 'true and fair view' 3)

1) State the audit's statutory reporting obligations 

2) Explain what is required in order for financial statements to provide a 'true and fair view' 

3) Explain what is meant by 'adequate accounting records' 

4) Describe the format of a standard audit report 

5) Explain the various types of audit opinions expressed in audit reports.

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