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(b) With reference to CF Co, explain the ethical and other professional issues raised. (9 marks)
(b) (i) Explain the matters you should consider to determine whether capitalised development costs areappropriately recognised; and (5 marks)
(b) Explain the principal audit procedures to be performed during the final audit in respect of the estimatedwarranty provision in the balance sheet
(b) Explain the need for a first time group auditor to analyse the group structure. (5 marks)
(b) Explain the matters that should be considered when planning the nature and scope of the examination ofCusiter Co’s forecast balance sheet and inc
(b) Explain what effect the acquisition of Di Rollo Co will have on the planning of your audit of the consolidatedfinancial statements of Murray Co f
(ii) Briefly explain the implications of Parr & Co’s audit opinion for your audit opinion on the consolidatedfinancial statements of Cleeves Co for t
(c) Explain the possible impact of RBG outsourcing its internal audit services on the audit of the financialstatements by Grey & Co. (4 marks)
(c) Explain the extent to which you should plan to place reliance on analytical procedures as audit evidence.(6 marks)
(b) Identify and explain the financial statement risks to be taken into account in planning the final audit.(12 marks)
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