Audit

The assessed level of control risk

The possibility of peer review

The nature of auditor’s report

The content of management represented letter

Accuracy

Classification

Completeness

Existence

Engagement letters

Audit procedures

Audit evidence

Reasonable assurance

Periodical audit

Partial audit

Cost audit

Cost audit

Use of testing

Interest limitations of accounting and internal control

Remuneration of the auditor

Persuasive nature of audit evidence

Directors of the company

Annual general meeting

election at the annual general meeting

debenture holders

Financial statement audits

Operational audits

Technical audit

Compliance audits

To reduce detection risk

To assess inherent risk

To reduce control risk

To determine risk

The management

The shareholders

the government

the statutory body

Randomly

Disproportionately

Directly

Inversely