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Revision Activity – Notes & Key Points for Exam and Quick Revision (Last Day Activity)
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3. Audit: (Lectures Part)
o Audit Principles and Practice o Types of Audits: Internal, External Forensic o International Auditing Standards (ISA) o Professional and Ethical Requirements o Legal and Regulatory Framework to conduct Audit Engagements o Audit Process and Methodology: Audit Planning, Risk Assessment and Materiality o Internal Controls: Components of Internal Control Systems, Evaluation of Internal Controls, Testing of Controls o Audit Reports: Types of Audit Reports, Components of an Audit Report, Auditor’s Opinion
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(Notes)-Assistant Director, Finance, Accounts, Audit & Investment Cadre
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