BM2110

NAME: DATE: SCORE:

AUDIT CONSIDERATIONS: (60 points)

Direction: Choose two (2) industries given in the handout. Research the specific consideration for each
industry. Write your answer on another sheet of paper by following the format below:

I. Industry. It is the chosen industry (e.g. mining, banking, telecommunications, etc.).

II. Industry Overview. It shall contain a short background about the industry.
III. Audit Considerations. It shall contain the audit considerations for the chosen industry in the Philippine
context. Specifically, it must present a discussion of the following:
 Competence
 Audit Planning
 Reliance on Experts
 Laws and Regulations
IV. References. It shall contain references to the research.

Rubric for grading each industry:

CRITERIA PERFORMANCE INDICATORS POINTS
Overview Provided a comprehensive overview of each industry. 5
Audit Considerations Provided pieces of evidence and a comprehensive 20
discussion of each audit consideration.
Citations and References Provided proper citations and references. 5
Total 30

01 Task Performance 1 *Property of STI

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