Part B Sufficient Appropriate Audit Evidence

You are an Audit Manager and are currently reviewing the working papers of ABC Ltd for the year end 30 June 2020. The field work was performed by an Audit Senior and two assistants. You note the following points on file. For each of the five items below, analyse the conclusions reached by your staff and comment: Has sufficient appropriate evidence been gathered in each case? If not, what additional testing should be done?

In the Statutory Records section of the file the assistant notes, `Two registers, those of Debenture Holders and Members, have not been updated for the two minor changes this year. Immaterial to the audit.