Part A

How does an auditor verify "cash" of a company?

Part B

Draft a qualified report of XYZ Company limited for the period ended on Dec 31, 2019? Assume any factors which you think necessary for the audit report.

Part C

A physical count on year end is carried by an external auditor. Discuss the procedure as to how this yearly physical count is done at the end of a financial year.

Part D

Is an auditor responsible for Fraud? Discuss.