AUE2601
ASSIGNMENT 5
GROUP B
SEMESTER 5
1.
1.1
• determine whether the financial reporting framework applied in the preparation of the
financial statements to be reviewed, is acceptable
• obtain the agreement of management that it acknowledges and understands its
responsibilities
- for the preparation of the financial statements in accordance with the applicable
financial reporting framework
- for such internal control as management determines is necessary to enable the
preparation of the financial statements that are free from material misstatement,
whether due to fraud or error
ASSIGNMENT 5
GROUP B
SEMESTER 5
1.
1.1
• determine whether the financial reporting framework applied in the preparation of the
financial statements to be reviewed, is acceptable
• obtain the agreement of management that it acknowledges and understands its
responsibilities
- for the preparation of the financial statements in accordance with the applicable
financial reporting framework
- for such internal control as management determines is necessary to enable the
preparation of the financial statements that are free from material misstatement,
whether due to fraud or error
