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Anonymous
Asked: April 26, 2022In:
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ISA 315 – Identifying and assessing the risks of material misstatement through understanding the entity and its environment, states that the auditor should obtain an understanding of the entity and its environment. It is an important statement in the planning ...

auditingtest12022
Anonymous
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Anonymous
Asked: April 26, 2022In:

cables (Proprietary) Limited was formed .5 years ago by its current managing director Peter Jones. Cables (Proprietary) L -rred has 15 members (all of whom are individuals) and Pete is the majority shareicider. Cable (proprietary) Limited is a cable manufacturing business and has long -term contracts with local government bodies and mtnes for the supply of cables Tne company also supplies to large and small building contractors throughout Namibra. The company has a branch in each province of Namibia from where the manufactured cables are sold and distributed. The company’s memorandum of incorpoi’ation requires that its annual ftnancial statements should be audited. Three years ago John Green was appointed as the company’s external auditor by the company’s members at an annual general meeting Jake Jones, Pete’s son was appointed as Cables (Proprietary) Limited,s Financial director on 31 May 2021. Jake acquired a Btech degree at Namibia University of Science and Technology, after he worked in a hotel in Johannesburg for a couple of years He is 27 years of age. He started working at Cables Limited on 1’t May 2021 Jake and you have been friends since school although he is a few years younger than yo

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cables (Proprietary) Limited was formed .5 years ago by its current managingdirector Peter Jones. Cables (Proprietary) L -rred has 15 members (all of whom areindividuals) and Pete is the majority shareicider. Cable (proprietary) Limited is acable manufacturing ...

auditingtest12022
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Anonymous
Asked: April 9, 2022In:
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CellTel Limited, a giant player in the telecommunication industry mostly operates in the North African telecommunication industry and intends on setting up operations in Namibia. In the first half of 2020, it paid consulting fees amounting to N$300 000 to ...

npvtest12022