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auditing-assurance-2015-august-2025-past-papers

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  • UPLOADED BY Unknown
  • DATE 06 Dec 2025
  • SIZE 1.72 MB
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About This Document

Document Type: This is a Past Paper, designed for Reviewing previous question patterns.

Context: Standard material from the 2015 academic period.

Key Content: Likely covers essential definitions, structured questions to test your proficiency.

Study Strategy: Attempt these questions under timed conditions to simulate a real exam environment, then check against your notes.

Recommendation: comprehensive resource for students aiming to deepen their understanding of General Studies.

11,271 words

Detailed Content Overview

57 min read Intermediate Level 11,271 words
Introduction

This notes resource titled "auditing-assurance-2015-august-2025-past-papers" provides comprehensive exam preparation materials designed to test and enhance your understanding. This resource is structured to facilitate effective learning and retention of important information.

Key Topics Covered
1 Understanding the client’s business environment and internal c
2 Understanding of Urembo Ltd
3 Understanding of the client’s internal controls
4 Principles of good corporate governance with respect to internal
5 Principles of good corporate governance
Learning Objectives
  • Master key concepts required for examination success
  • Practice answering exam-style questions effectively
  • Develop time management skills for timed assessments
  • Identify and address knowledge gaps in understanding
Detailed Summary

CPA INTERMEDIATE LEVEL AUDITING AND ASSURANCE WEDNESDAY: 20 August 2025. Marks allocated to each question are shown at the end of the question. Do NOT write anything on this paper. QUESTION ONE (a) Your firm has been engaged in auditing micro small and medium entities (MSMEs) for the last five years. In a recent development, your firm has been appointed to conduct an audit of Maua Ltd. , a large public listed company. This is the first assignment of such magnitude. You are required to undertake an interim audit and a final audit. (4 marks) op An organisation that you have been auditing has approached your audit firm to review its interim financial information before it releases to the public on quarterly basis as required by the regulations governing its operations. (i) ke Required: Explain FOUR audit procedures you could undertake during the following audits of Maua Ltd. : w Required: In reference to International Standards on Review Engagements (ISRE) 2410, describe THREE general principles that your firm would have to apply in performing the review engagement.

Study Tips & Recommendations
Time Management

Practice under timed conditions to improve speed and accuracy. Allocate specific time limits to each section.

Active Practice

Attempt all questions before checking answers. Review mistakes to understand where improvements are needed.

Mark Scheme Review

Study marking schemes carefully to understand how examiners award points and structure your answers accordingly.

Regular Review

Schedule periodic reviews to reinforce learning and combat forgetting. Use spaced repetition for optimal retention.

Content Preview

CPA INTERMEDIATE LEVEL AUDITING AND ASSURANCE WEDNESDAY: 20 August 2025. Afternoon Paper. Time allowed: 3 hours. Answer ALL questions. Marks allocated to each question are shown at the end of the question. Do NOT write anything on this paper. QUESTION ONE (a) Your firm has been engaged in auditing micro small and medium entities (MSMEs) for the last five years. In a recent development, your firm has been appointed to conduct an audit of Maua Ltd., a large public listed company. This is the first...

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