2/7/2021 eTutor Presentation on Unit 1

UNIT 1 Presentation
by Savitree Singh - Sunday, 24 January 2021, 11:41 AM

Dear Team

This week, our focus is on Unit 1 Session 1.1 and Session 1.2.

At the end of Unit 1 Session 1.1, you should be able to:

1. Explain what is an Audit.

2. Explain the purpose of an Audit.
3. Explain the types of Audits.
4. Discuss the History and Development of Auditing.

At the end of Unit 1 Session 1.2, you should be able to:

1. Explain the term ‘Materiality’.

2. Explain the term ‘Management Assertions’.
3. Explain the term ‘Internal Controls’.
4. Explain the term ‘Audit Risk’.
5. Discuss the essential elements of an effective audit.

Please view the presentations. Feel free to forward any concerns/queries that you may have.

https://2020.tle.courses.open.uwi.edu/mod/forum/view.php?id=43535 1/1