The auditor should prepare working papers which are sufficiently complete and detailed to provide an overall understanding of the audit. Required: In the audit or purchases, list four examples of the type of information that would be contained in the detailed audit working papers

For cash purchases the auditor will need to include information such as copies of cash memos, bills etc. as supporting evidence of transaction carried out.
For credit purchases the auditor will need copies of the day book, credit notes, and invoices for comparison with information collected from other sources.
A copy of the purchases register for comparison with the above mentioned.
Statements of confirmation from suppliers who will actually verify that they are being owed money for sales made to the company To get an accurate figure for purchases the auditor would need a copy of the purchases returns day book, to verify the deductions from gross purchases.

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The auditor should prepare working papers which are sufficiently complete and detailed to provide an overall understanding of the audit..Required; State four benefits that an auditor would obtain from working papers that satisfy the above requirement
Working papers provide the audit evidence. They can be categorized into: Auditors‘ prepared working papers, Client‘s schedules used as working papers , Audit programmes.Working papers are then organized into files usually referred to as either current files of permanent files.Required:c) What details should an audit programme indicate?
Working papers provide the audit evidence. They can be categorized into: Auditors‘ prepared working papers, Client‘s schedules used as working papers, Audit programmes. Working papers are then organized into files usually referred to as either current files of permanent files;What details should each client schedule used as a working paper indicate?
Audit working papers should always be sufficiently complete and detailed to enable an auditor with no previous connection with the audit to subsequently ascertain from them what work was performed and to support the conclusions reached by the auditor Required;List four benefits that the auditor would obtain from working papers that meet the above requirements
Working papers provide the audit evidence. They can be categorized into: Auditors‘ prepared working papers, Client‘s schedules used as working papers, Audit programmes. Working papers are then organized into files usually referred to as either current files of permanent files. Required: What details should each working paper which is prepared by an auditor indicate?
You are in charge of a group of audit trainees who have just been employed by your audit firm. This is the audit trainees‘ first assignment and they are aware that they are supposed to prepare audit working papers but they do not know how to do so or what information they should include in the audit working paper.‘Required:Provide the audit trainees with guidelines on how they should prepare audit working papers
You are in charge of a group of audit trainees who have just been employed by your audit firm. This is the audit trainees‘first assignment and they are aware that they are supposed to prepare audit working papers but they do not know how to do so or what information they should include in the audit working paper. ‘Required: Explain the importance of audit working papers
Working papers provide the audit evidence. They can be categorized into: Auditors‘ prepared working papers, Client‘s schedules used as working papers, Audit programmes Working papers are then organized into files usually referred to as either current files of permanent files.Required: With appropriate illustrations, differentiate the use and contents of a permanent file from a current file and write brief notes on the evidence that is provided by working papers
You are in charge of a group of audit trainees who have just been employed by your audit firm. This is the audit trainees‘ first assignment and they are aware that they are supposed to prepare audit working papers but they do not know how to do so or what information they should include in the audit working paper.‘Required: List any four advantages of standardized audit working papers
You are in charge of a group of audit trainees who have just been employed by your audit firm. This is the audit trainees‘ first assignment and they are aware that they are supposed to prepare audit working papers but they do not know how to do so or what information they should include in the audit working paper.‘Required: Identify the type of information that the audit trainees should include in the audit working papers
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Audit working papers should always be sufficiently complete and detailed to enable an auditor with no previous connection with the audit to subsequently ascertain from them what work was performed and to support the conclusions reached by the auditor . Required; Briefly explain giving two examples, the quality of audit evidence generated by third parties
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A very important aspect of the audit of the financial statements by an external auditor is the observation of the physical stocktaking. Required: List four procedures that an auditor would need to undertake prior to attending a company‘s stock-take

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The auditor should prepare working papers which are sufficiently complete and detailed to provide an overall understanding of the audit. Required: In the audit or purchases, list four examples of the type of information that would be contained in the detailed audit working papers

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