选择题:4 (a) The purpose of ISA 510 ‘Initial Engagements – Opening Balances’ is to esta

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题目内容:

4 (a) The purpose of ISA 510 ‘Initial Engagements – Opening Balances’ is to establish standards and provide guidance

regarding opening balances when the financial statements are audited for the first time or when the financial

statements for the prior period were audited by another auditor.

Required:

Explain the auditor’s reporting responsibilities that are specific to initial engagements. (5 marks)

参考答案:

(b) Chatam, a limited liability company, is a long-standing client. One of its s

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(c) non-consolidated entities under common control. (4 marks)

(c) non-consolidated entities under common control. (4 marks)

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(b) Draft a report as at today’s date advising Cutlass Inc on its proposed activ

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