Page 97 - F1 Integrated Workbook STUDENT 2018

Chapter 6

External audit

Outcome

By the end of this session you should be able to:

 describe the objective of an external audit and the role of the external auditor

 describe the duties of the directors and auditors

 describe the rights of the auditors

 identify the benefits and disadvantages of an external audit and the process of
the external audit

 describe the contents of the audit report and its significance

 identify the different types of audit report

and answer questions relating to these areas.

The underpinning detail for this chapter in your Integrated Workbook can
be found in Chapter 6 of your Study Text

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