QUESTION 1 (20 marks, 30 minutes) You have recently obtained your BCom qualification, and your university lecturer has requested you to take the position of a tutor for Auditing level 2 students. Having taken the position as a tutor, the students posed the following questions during your session on the topic below. “The auditor is often described as the guard dog of his/her client and […]
Posted: April 10, 2024
QUESTION 1 (35 marks) You are a third-year Audit Trainee at Nexus Audit Firm (“Nexus”), and you are currently part of the audit team of Techno Genius (Pty) Ltd (“Techno”). Background information on Techno Techno manufactures high-end laptops and operates in South Africa with a central warehouse in Durban. The entity has a 31 December financial year-end. Techno was established in March 2001, is privately […]
Posted: March 11, 2024