SA501 - Audit Evidence - Specific Consideration for Selected Items - Crosswords

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Across
  1. 5. The auditor can make direct communication with the legal _____ if there is any material risk identified regarding litigation of the entity. (7)
  2. 6. Physical verification done by client’s staff is an example of ____ audit evidence. (6)
  3. 8. There are ____ methods by which an auditor can collect evidence regarding inventory. (3)
  4. 9. The auditor can ______ the inventory at physical inventory counting to collect sufficient evidence regarding inventory. (7)
  5. 13. Matters relevant in planning attendance at physical inventory counting include ____ of inventory. (6)
  6. 15. Audit evidence includes both ______ records and other information. (10)
  7. 16. Purchase invoice and supplier’s challan are examples of ____ audit evidence. (8)
  8. 17. The place at which physical inventory counting happens is important because it may cause threats to the ____ of the auditor. (6)
  9. 18. Discussion with the managers is an example of ____ audit evidence. (4)
  10. 19. In some cases, attendance at physical inventory counting may not be practicable. This may be due to factors such as the nature and _____ of the inventory. (8)
  11. 20. The auditor can _____ performance of the management’s count procedures at physical inventory counting. (7)
  12. 21. It is the information based on which an auditor arrives at his opinions. (8)
  13. 22. The auditor shall obtain sufficient appropriate audit evidence regarding the presentation and disclosure of _____ information in accordance with the applicable financial reporting framework. (7)
Down
  1. 1. The objectives of auditor involves collection of sufficient evidence regarding the existence and condition of _____ of the entity. (9)
  2. 2. If inventory was held by third party, auditor must request confirmation from them regarding the ____ and condition of inventory. (10)
  3. 3. Audit evidence is divided into visual, oral and ____, depending upon the nature of the evidence. (11)
  4. 4. The auditor can perform ___ _____ at physical inventory counting to collect sufficient evidence regarding inventory. [2 words (4) & (6)]
  5. 7. The auditor shall modify the opinion in the auditor’s report in accordance with SA 705, if the attendance at physical inventory counting is _____. (13)
  6. 10. The objectives of auditor involves collection of sufficient evidence regarding the completeness of ____ and claims involving the entity. (10)
  7. 11. Sales invoice and goods received note are examples of ___ audit evidence. (8)
  8. 12. General ____ is not an excuse for an auditor to omit attendance at physical inventory counting. (13)
  9. 14. The auditor can review the legal _____ accounts in order to identify litigation and claims regarding the entity. (7)