TMS3719
ASSIGNMENT 3 2025
UNIQUE NO.
DUE DATE: 2025
, lOMoARcPSD|21997160
Assessment 2
Question 1
Complete the following sentence. To be able to perform the duties of a
Registered Auditor, a person has to be registered with … .
a. IRBA
b. SAICA
c. SAIPA
d. CIMA
To be registered as a Registered Auditor a person must be registered with IRBA.
Refer to your study guide page 56.
Question 2
A registered auditor feels pressured to agree with the judgement of a client
employee because the employee has more expertise on the matter in
question,This is an example of a threat in terms of the IRBA Code of Conduct.
Select the correct threat.
a. Self-review
b. Advocacy
c. Familiarity
d. Intimidation
Question 3
At a client, the auditor is about to physically inspect a company vehicle listed on
the fixed asset register. The auditor in this instance, is addressing the …
assertion.
a. existence
b. cut-off
c. classification
d. completeness
An example of one of the audit procedures performed by auditors used to
determine whether and asset exists, is through physically inspecting the vehicle
and comparing with the description reflected in the fixed asset register.
Question 4
Indicate whether the following statement is True or False.
Internal auditors and external auditors are subject to the same fundamental
principles underlying their respective codes of conduct.
Select one:
True
False
The statement is false. The underlying principles of the internal auditing
profession consist of integrity, objectivity, competence, and confidentiality. The
underlying principles for external auditors consist of integrity, objectivity,
ASSIGNMENT 3 2025
UNIQUE NO.
DUE DATE: 2025
, lOMoARcPSD|21997160
Assessment 2
Question 1
Complete the following sentence. To be able to perform the duties of a
Registered Auditor, a person has to be registered with … .
a. IRBA
b. SAICA
c. SAIPA
d. CIMA
To be registered as a Registered Auditor a person must be registered with IRBA.
Refer to your study guide page 56.
Question 2
A registered auditor feels pressured to agree with the judgement of a client
employee because the employee has more expertise on the matter in
question,This is an example of a threat in terms of the IRBA Code of Conduct.
Select the correct threat.
a. Self-review
b. Advocacy
c. Familiarity
d. Intimidation
Question 3
At a client, the auditor is about to physically inspect a company vehicle listed on
the fixed asset register. The auditor in this instance, is addressing the …
assertion.
a. existence
b. cut-off
c. classification
d. completeness
An example of one of the audit procedures performed by auditors used to
determine whether and asset exists, is through physically inspecting the vehicle
and comparing with the description reflected in the fixed asset register.
Question 4
Indicate whether the following statement is True or False.
Internal auditors and external auditors are subject to the same fundamental
principles underlying their respective codes of conduct.
Select one:
True
False
The statement is false. The underlying principles of the internal auditing
profession consist of integrity, objectivity, competence, and confidentiality. The
underlying principles for external auditors consist of integrity, objectivity,
