MAY / JUNE 2019 EXAM MEMO REFERENCES UPDATED FOR 11th & 12th

EDITION OF AUDITING NOTES FOR SOUTH AFRICAN STUDENTS:

QUESTION 1:

QUESTION 11th Edition reference 12th Edition reference

Q1.1: The requirements King IV Report (Principle 7 King IV Report (Principle 7
of sound corporate and 8) and 8)
governance
(19 Marks)
Q1.2: Six capitals of the , Diale & Richard (2019: King IV (2016:47-48);
integrated report 4/12). Study guide page Richard, Roets, Adams &
(3 Marks) 11 West (2021: 4/13)
Q1.3: Controls relating Adams, Diale & Richard Richard, Roets, Adams &
to the implementation of (2019: 8/22) West (2021: 8/23 – 8/24)
a disaster recovery plan
(6 Marks)
Q1.4: Controls over Adams, Diale & Richard Richard, Roets, Adams &
passwords (2019: 8/17) West (2021: 8/15 – 8/19)
(12 Marks)
Q1.5: Weaknesses in Adams, Diale & Richard Richard, Roets, Adams &
wage system, biometric (2019: 13/9 – 13/13) West (2021: 13/9 – 13/13)
data
(9 Marks)

QUESTION 2

QUESTION 11th Edition reference 12th Edition reference

Q2.1: Internal controls Adams, Diale & Richard Richard, Roets, Adams &
for the movement of (2019: 12/7) West (2021: 12/7)
inventory
(6 Marks)
Q2.2: Components of Adams, Diale & Richard Richard, Roets, Adams &
internal control and (2019: 5/6 - 5/14) West (2021: 5/5 – 5/16)
control activities
(16 Marks)
Q2.3: Procedures to Adams, Diale & Richard Richard, Roets, Adams &
follow when conducting (2019:12/10 – 12/12) West (2021: 12/11 –
a physical year-end 12/12)
inventory count
(9 Marks)
2.4 Internal controls Adams, Diale & Richard Richard, Roets, Adams &
over the ordering of (2019: 11/10) West (2021: 11/10)
goods in a manual
system
(13 Marks)
2.5 Capital Investments Adams, Diale & Richard Richard, Roets, Adams &
(6 Marks) (2019: 14/3 – 14/4) West (2021: 14/4)