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ASSIGNMENT 1. Khee San and the Auditors PAU3033 AUDITING 11 SEMESTER 1 SESSION 2020/21 LIST OF ASSIGNMENTS 2. Audit Completion Phase: Related Party Transactions

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ASSIGNMENT 1. Khee San and the Auditors PAU3033 AUDITING 11 SEMESTER 1 SESSION 2020/21 LIST OF ASSIGNMENTS 2. Audit Completion Phase: Related Party Transactions (RPTS) in the case of Khee San 3. Sampling WHAT TO DO? a. Ethics & Legal Liability-and Audit's Current Issues: What can you say regarding these things as far as the Khee San's company/external auditors were concerned? (For examples in regard to Ethical Code's Fundamental Principles and Companies Act 2016 and on what is assumed to be the roles of company auditors mentioned in audit theories and from various sources such as court cases) b. Other Assurance Services/Non Assurance Services: Which type(s) mentioned in the case? Why needed? M 30 a. Identify the related parties involved b. Identify the kind(s) of RPT involved a. Find a write up on audit sampling that gives emphasis on the reality or practices aspect of it - that is on how to go about doing audit sampling, challenges, issues, etc. As much as possible the material should be concerned with audit sampling taking place in developing countries such as Malaysia. b. Complete either one of the following tasks: i. Give a summary of the writing ii. Prepare a list of questions and answers related to the write up where some questions may be left unanswered since the answers can only be found elsewhere... iii. Do both i. and ii. 10 10

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