Many diverse types of entities undergo audits. Provide three reasons for each of the following types of entities to undertake an annual audit, and indicate the types of benefits they would receive from an audit: Entities Types of entities Types of benefits a Food for the Students charity 1. 2. 3. b BHP Billiton Nickel West Pty Ltd public company 1. 2. 3. c Canterbury League Club Club 1. 2. 3. d City of Canterbury-Bankstown Council Municipal government 1. 2. 3.
Many diverse types of entities undergo audits. Provide three reasons for each of the following types of entities to undertake an annual audit, and indicate the types of benefits they would receive from an audit: Entities Types of entities Types of benefits a Food for the Students charity 1. 2. 3. b BHP Billiton Nickel West Pty Ltd public company 1. 2. 3. c Canterbury League Club Club 1. 2. 3. d City of Canterbury-Bankstown Council Municipal government 1. 2. 3.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter1: Quality Auditing: Why It Matters
Section: Chapter Questions
Problem 17CYBK
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Question
Many diverse types of entities undergo audits. Provide three reasons for each of the following types of entities to undertake an annual audit, and indicate the types of benefits they would receive from an audit:
|
Entities |
Types of entities |
Types of benefits |
a |
Food for the Students |
charity |
1. 2. 3. |
b |
BHP Billiton Nickel West Pty Ltd |
public company |
1. 2. 3. |
c |
Canterbury League Club |
Club |
1. 2. 3. |
d |
City of Canterbury-Bankstown Council |
Municipal government
|
1. 2. 3. |
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