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solve plz ma 12 AA Aa A X X Aay-A. 4 2. CeDdEe CeDdEe DdEe CcDd 1 Normal 1 No Spac... Heading 1 Headir Font

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ma 12 AA Aa A X X Aay-A. 4 2. CeDdEe CeDdEe DdEe CcDd 1 Normal 1 No Spac... Heading 1 Headir Font Paragraph Styles 2- A CPA firm does not guarantee the financial soundness of a client when it renders an opinion on financial statements, nor does the CPA firm guarantee the absolute accuracy of the statements. Yet the CPA firm's opinion is respected and accepted. What information disclosed by Saudi Steel Pipe ompany CPA arding financial soundness. (10 marks) 3- Who is responsible for preparing financial statements? Discuss the responsibility and functions of CPA with evidence from annual report regarding auditing of financial statements. Also name the different financial statements that are audited by external auditors at Saudi Steel Pipe Company. (10 marks) Paragraph Styles 7- Reliable accounting and financial reporting aids society in allocating resources in an efficient manner. Explain why audits are demanded by society? Support your answer from the Annual report of 2019 of Saudi Steel Pipe Company? (10 marks) 8- Discuss the different types of audits. Which type of audit is performed at Saudi Steel Pipe Company? (10 marks) 9- What are the basic audit procedures usually used by external auditors? Also provide evidence from Annual report which procedures were used by the auditor for fair value estimation of Saudi Steel Pipe Company 2019. (10 marks) 10- What do you understand by internal control? Discuss the auditor's duty in terms of internal control system. Provide reference from Saudi Steel Pipe Company annual report

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