Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You are the audit senior of Makeshift Auditors. A group of trainees auditors under you need orientation and briefing on what is expected of them
You are the audit senior of Makeshift Auditors. A group of trainees auditors under you need orientation and briefing on what is expected of them as they carry out their duties. Your first task is to explain to the them the relevance of the Companies Act and the Close Corporation Act. a. Write out presentation notes to them explaining the Act to them. Clearly highlight the relevant sections applicable to them as auditors and the sections that apply to the clients/auditees. (30 marks) b. Briefly explain the Close Corporation Act to your audit es as well and highlight the most important provisions they should know when auditing CCS.(20 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started