one 14/08] 22 ——udiiting. is a _gystematic £ _ indlapendant. 2 efieaied oY data, statements f Hecorel Df operations § _peufoyrnance of Enterprise My A a __ fay itiav 0 Nya Shop Sole properttor I = an Lo ee) Mv. Salman Sale purchay Stovage A + b * MY. salman handle goods ¢ invoice 5 pouy.ment actounk Heceived bills of Sate Wlhak i Consigurnces, business will face MEME Kk MY salman can Show leks pusice.. high See but Hecording it Low _miSsappHopuiation pf. Sa finds because only dalman & contol mg * So, (tonto! Showlol be di vicleol among bo. ONO fF eaucl - aaa ~C#eg) *_Atwaye Puatise to _koop intexnat Contstol_gysiem 1 ,-& “Thesogove thexe Ghoul be tontnol Of alivigior _%__Indopendertt _peuaon > & an _actount expent—_ One who tes +0 Solve the psuabiem Of thie PS Lompani 4 is+k Such_indépencint —peuon— “ill Check ~assount Gouunal_entny leisure _thal_balante gw — tHace Lose ___ - qi + Such _indepenclent. peuton vy “caule- “fuaitor— lL § the books which he [she —cherre— (pe Calle Auditing 5 Key Managqeval person && In tompanred Ceo. olluectoY ase. eu =. ri : manag eal pe4son a They have. to_Show the cent “Standing a | 64 the. _company —in mauket Ee * _In_thig case _ainector (an manipulate the = data whee he will Show Stang position = of the company — in the rmanbeb ——___ “= a * To avolol Such Manipulation we 409 wire __ ee” Auclitou. d 3 most. common roanipulasions from Pine tor: Kd fare Hecoud — x if ial: = — _ xX aC pod < u S PFA K “lt a tne “Auditor who borings ou J Uae View OF — pHofit <_ loss_g os ae rnole penoli nt. {Ma Company —tan't_make._their on eroploy ee ese work ak Auclitoy Cinsilen _can't_be Auditor) *_ mpea % Auditing ia _olone_by inclependunt person only Auditor Checks | = Sample Tnolopt Stuoy Study - ae 4 “Audit, Popout Lf fully Sasispied Lp not _saatisgieot clean Repout Quai fied Report - = 7 | _—_Featwies of tuditing : _ Auditing & Systematic $ indtpendint examination ine 04 books of —o-tenunts XK It 4 _unolentaken by an_Independlent._pesison * ie dually — Bualigied fox the Sob- A spuditou. vewipios the esult Shown by puopit Poh 1086 repiuntt. 4 mana balance gheek Its Bo _cHitical eview of System oj e _§ intesnal Cont ol: ‘ agg . . ioeKy * clone. with the help y Vouchests, invoi ‘4 Othe Supporting documents as when _ * An HEL x x being tue $_4ain View of financial atemenis, Sf the Compan . w %& “The Auditon has to__inspezt. Lompat.s Cher y- a Hevitw, Scuutinize the Vouchexe Supporting the tuansaction examine. COMMespOn Ling olocument.s 1 tthe _oluty 6 the tucliter to etiablih mee The _Connectner¢ oF MOA, ADA, Minutes bose $__Booke Pf AcLounts . a A_tucliting’ incsieaser CHedibility D4 financial © Startments: linerease financial position tama Auditing helps 10 ¢ptain Loans 4 Advances ¢ | = 94 the bane Peper _auolited FS. Auditing heipe tp cseate enoaul Cheek on * Employee theveby pxeveoting 4Hauds $ erxoee- ze fuditiog helps ~ in Planning the _purtuie i oropany a # Investor velies on Auctites Ko. eHThe auditor has td olepend on books of Actounts. Which Ave ptlepaved by the r* Management for ths purpose © Audit - Hather than on clirsive. =_ ces{ mem K__ fuoliting depends upon les $ ACS = *__Audlit © eviolence 6 pursuldsive in natuxe == ies = = Re Me» yer Object reppe. Ite er Two wa of Audit Sh ae : 1K Primaxy ae = Repositing to_the __Detection § puotection —_Shaxe holdey whethun Of fialids § ennors- the Fs Showing the SRN ota tut $ {ain View « Me a aoe The esponsibility —o at yrs the FS tb on —sageg ——thatt_of man 7 Se a =*€ ‘The _nesponsibility Of aletection _$ _puevention a a OF +t ftauds co YS: ako of Managemen = Ea by ae up. 108. tloweven thie _auditoy __ —dluty — olpes__not mike. fee the meer ftom. thu sues ponsi bilities. a X The _auditoy opinions the wesult— of : ——_Jualg ements mace by the mi a Me * The auditore opinion. oloes not ASS une futune den _—Pwiformane ef the _siesutts- an _* the Scope _f audit alepenas upon “cesttain— factors like —teuns -§ _conelition_Lteums OF. 22 j engagement), Hequinements ey law $ puonounce— | ment made ICAI . os 3 Aspects to_be (avesed in_an Audit = k__checking “the amounting System Acs § ICS “Checking tha atthemasical “acawiacy ee the books seen Pf Atto wnt a x ¢ Checking the Valioli ty — _tuansaction _ Se s oo — Check _tweathest _pslopey choca aoe ts made_b, tw olitinetion . Capitol 4 Hevenue expenolitwie. | Checking — the title . exigtence. 4 Value of assert. ax Checking "the. liability $—Tthe _D#ganigatione siSkill 4 Competence: (Copanility todo) fn audit Should be canmiec. out with » x oli _prtopeasionat caue by people who have a adequate taining »_Liscense 5 experience. the 4 tompetancy in the field of autinc- ay Detection ¢ —pxevention of graud _§ Extor: [, we. %_EMior ts _an_unintertibnal” act white fHauck par _te a intentional att Fuaud made with 6 1 anim to dleceive Someone ov Sometimes 5 ae $07. personal peer ee lie MPS x “Cure tan be olezected_ but Cannot be iG] — r __pHeventeol ep oe Can_be olettcteol 2 ia well ads _pHeven : c= pais ves |q _. ea H = (Mistake) |e 2DE& %& Comiasion Lomit) — THansaction has been completly 15) —__ Omibect ~ # . | 0. = *_Conomigsion - THangaction hag been miss ____ EEL __ Hecotolool - eo a 193. gee * Comensating Eqwior — TwO 04 moxe erHtore that | Kt oo counterbalance. Thuiefore trial balance vvit| pene Dee OU as ee : 2k Exroc Of principal- “NO puopen clistinetion ig __| poole, _ between Capital ¢ Hevenue expenoliturettighex Level Lowen. level- v vy eS “Woe Fi } Bo \ if Pgh es es fone noanagenment Employee. ..staff /rpissap?7— sim winclow dressing, cath. (cea a 7 Secret Hoke ve - ASCOT po Idindons pHecsing . am It Hegeue tp Showing better financial atin, . thin “artuat- (Ilonst” —S Best) Bigs st. olone__by the management dy over : pa ns the assests (By inteasing ages ie a liabilities). IncHeased Hate, Showing ty more aa lens €xpenditune, ae a -# Window _detsing i clone in_oxdex +0 Optain loang me —$ advances presence 4 Window oltessing _ ty —omounts tp ¢Haud 4 thinefove the FS olo 00+ gay Show tue § fain View) # it ts Teele _—_ Ouditoy +p meet itt the ShoHehOlolim~ so0090 ) ek In Lh a wm) | | | oa tad bib i |. Le7 y = — Sago hg enied—bekeHtie = X Showing % Woxst financial Position then = Attuql~ financial — position (Best > worst) wait lone by employee by decreasing ths. a asserts ineneasing the liabilities, Showing s “decteased. falet, Showing incHeased. purchase; De Showing incensed expenses Bs eethHor CtC: | k _Seouet nesenve & done in oudew £0 evate. | toxes Non payment ef salary» oliviolent s | bonus 5 tp employees * __puesence of Secuer Hesenves ammount +0 uaud § theigore the FS do not show 10.0 4 = tie § fai View § it the oluty 3 QuditoY tp _Heporte@ it to the ‘inset Ste of fy tne Lompany .__ ae it ; : E What ove Hinancial ctarements (ES J ng Ma * _Financiqt Statements - ave Systematic Hecoval B oy the financial activities ne business - fe “FS _tonsist af balance. Shéat, Progit F lose, 1 Cash +lou) Statement » hotes tp ottount 8% 2 i exe. Ct t The balance Sheet gives the position of ths -adseat § liabilities. ilhile profit ¢ Loge qlvex ___ the financial position / performance oy the a . itecoppany aaitt the esponsibility _o. > * This statements ase prepared. in_actovdance tolth vauioud guidlines isueel by TCA _ x Fs Sattigies te information Hequineol by ou fsenent UseHA- O..aeeee eS 4 the. managementt— pHepane the FS Usexie__p4_ FS: eae Ree ee A Shaveholden.~ The haxe holden Need tO) Know is total pHopit eauned by the @atity, Wwkathex The funds were _tused_pHopex the. given _businese, whether tulet sd be profitable OU not. K Fimployees - Whether the. tompany ts pHofitab = Po Ou nob, Whether their Saostuy will be ___CHeclited on not- # Lencleus — Whether the funds whith ave lend — = fete Used 40H business purpose, oni A Customen (Society - Customer $ Society peede —____Know that Supply 0% goads witl b Constant oH not a = Whether tompan ji ings eee eae 5 -atHoce 00 the “algo +0 Feep economic. psogHess.3 Punspective iovestor - Whethen investing io. the a “COmpany ts Advigable oH not: # Basic Prine Cowennance Atidit Cig mes). / T= Intéguity (an. - ton¢identiarty See — Skiltr [comptence . bhat ~ _llouk _peigorrnance by other fai - Audit Evidence Papa__- Planning Dada -~ Documentation __ CAnnot - _Conctua'on See ~ _ System CICS Acs) K 'ty - 7in Auditor Should. be honest, Since, ___ Stuaight mee $_ must have fmpartial attitude. tonic entiabity ~ ~The Audion Should Hespect the tolen tlotity of the open ~ dwiing tine (ounce. of sit aos ae oe Sle Competence = An_auait_ stout be cout put. With ue pHopessional CaHe. by people _ _ who have. adeguates— taining» wae Sb aye teeth ae s .—————— =s —”n auditor name 4a ured by CD-wOUkeH< by pssigtance + Othe Autditore ¢— expents | eas _¢ Auditor it _entitiedl 10 clepenod only When he sees no _Heason 407 not olepend.ing a ate should_dieet Supervise 4 pHewiews the— ___ wore tuans¢eued to the _assigtance because — __auditny himselp —continunus—to bean 1H esponsi bre — a Eny pexzorming S_€X PHEASING, his_opiolon ____— a [ ft - An auditor should. optain_ audit eviolence-— ude ee ae Suxzicient on appuviate x Planning ~ planning—s hould be clone +o _Lom el ete — the auolit in timely —¢ Efficient — nannex_plan 4 Should be based _on the Enowsledg e. of Hlitnt-— * Documentation - lt _wepeds— __ peloted to audit» —___4yj the — puiditore wbpyk- ___—— «|— Tonciusian thob udbethes the financial ——— eotementt Ox Showing tuue $—4ain view it ShaHeholder- | oi, oe. chowd be Heportes to theAACS Les caystem =Ack/10¢ ane get up by | : management - The ruditer Should check the ame in pydes tp yollow lOmplianee. = es fe ee planning HeKeYs to cleveloping 2 bveH all —Plan_gor_ -cletevmnining Swope 3 eel Op Auchi't as * Atal: Planning & needed to inguye that te _—— PHOcecure ase. auditecl in _-timety 4 Cppeciently ee mMannes- a * planning & a countinous PHOcese ¢ Changex tt tOnolition teams , may Hest in_wevigion Of ve ——all_plan . RES ik Audit Plo involves : Ag Uist knowledge oF the = Client® busines , acceunting system 5 accounting — policies 4 intenal tontuol ¢ StL. ae ES tabishing Tha Heliance of tes . A HK Sepang the. work. to be Performect - %&__To ensue appuopriatte._ Attention. to the: jmpottar: = Oxeas of “auolit 7 : To identigy puobleme quicely . ae * Puopex utilization of aacistance., aes. To _cOM plete the Work, as per Hequivedt. Standovte - an? Te have. co-oydinaction OF work duane, by eypott .VARIOUS MATTERS THAT THe AUDITORS SHOULD CONSIDER WHILE DEVELOPING AUDIT a a \x TERS OF ENGAGEMENT CONDITION * ee X The auditor Heceiver enqage engagemens “Tetten prom _ the client which Specities Ope °f auditing — 2 # The cuditory netolr to consider the given aes scope Of audit 19 The. appointment [CHCH- gules Te TIMING OF REPORT: Auditor have. +o PHepastect neports ~ which: {e — ae. _equiivedk. _fo7_Sub_ _ mission to varrioteg i ___gpyernment authonities - Thur > timely ‘aaa Should be Cavrieok out: ais Ser 6 J+ 7 Ron Meme i 4 ___the_audlitor hax fo congidlevieoh tne ss ___involvernent 0 othests in the auclit. Auditory gems} seh Nerro! veuy On the work lone by them - __ 3 — | —_CToint auditors, Lawyers BHANCh auclitoys etc) gam + OK Desienater <4 ueiCANT AUDIT AREA: hee Nase minesttain: “aseak —Whith roa gues r= = | -———FHone_te ists in evesuy auatit thee naif gg af alko be a ai fe os a itymight pind. _signipicant such important aseay Need to be» consideHveol in the audit plan. The auditor may algo tongidex the avear that axe tovereol by internaL Auditor. 15 the jpn Internal _auclitor haa __Chected_ropnthiy expenses gery then the main duditor may checked expenses a for pe months, ~ ths é)x SET MATERIALITY m The._Quditoy has to Set the matwuatity level BED by _oleveloping _pvet_alr__audit plans x ‘The ioe auditor ©f Healiance company audit limiteot may considened only the. transaction about. = ps. 4 lakh- a es, gem Dt Fos ON SPECIFIC AUDIT AREAS, i “qhene Ost Vosioud aveat that ase arditect __by the. auditor but he may focus 00 cei tain _gpetisie. oviene considtsiing _he!spast exptuience we __ t+owevex, it & not possible. to FOU 9A all aves. bé ___Thoenefore y Auclitor has tp Hotate the f;oULt on ___clifperens, of audit + __ For example = M/S Audit planner ase theQuuoalitore focusing On import pwichases_o} Clot —__ 4 checker all tne tHagaction in olept (2012), sme” —__ (2013) M/S Audit plannen axe the Ouditor, __ focusing ON Export _purichades oF Cloth ¢. = r atl_the tHansaction- — @)* EXPERTISE OF AUDIT STAFF — = “The Auditor har to placeol the 2119 ht ____ jee a audit _PH0gyamme. may _betome. rigid $— inflexible - — 4 + Ineipioent assitant may take chetten behind tra ety Sta cuit __pHogramme - ____—$§ gj * Havol ~ 4art Audit PHogramme may eM) the __ ger efficiency of the Assistant? . _____—yigy — 4 a Points _t0_Rernem bes - eens “= ohare —A_Dbjectives of AtioLit Lae = 1 Audit puocecuves to be. Aapplieot $$$ } _ ee —t_Timing_< extent €f theck i: Aliocation of work — amongest team _membery * Special insituctions based on past @xpeuience a a) ~ a = Ct i ,— “Teres_oF_AvDIT nn / : S . sao > ©6663. See 1 : + LY pmplete “Partiak : Internal , : Stetuton VO luriamy AT onc ‘abet poe = Audit tone > a Tignes of sucit = i. Law = + Compulsony unde a pauticulan F Ex-companiea ACt 2013 a D Voluntasy - Not _tDmpulsony undex ciny [anu rudit Of tHust 2 Inttonal Audit Audit cannitc out by the. ernployee of, the oxganization . mca + Siope, en - Oo (Complete Audit - Usually done by Small Organization whee each $ every transaction i& checreol DPontiol tudit ~ Some tHansaction O€ Only cheered .i 1) Continuous — Auditing i& clone_at_done_atHequlas —M __tnteinald_ex- monthly s quatealy etc )_Intenim - Auditing i& Conducted in every 6 mort =) Annual ~ Auditing 4 done at the. end. 04, the — Attounting Yea ~ — 4) Concwinent — Audit 1s clone __as_.000_a& tuansacti taker place ex~ bank- * Audit engagement leties | Teums | tnotents. J Whethew an audit ts Voluntawy | statutory ita necessauy that the Client § the auclitor__both agree * Aine towns of engagement » othenwive it woulol teak to Lots of misunderstanding between the —_Client 2 The auditor. e 1 Sea POH E between ne _audito’ 4 the Client. tt i usually —wauitten in the format Of a letter _ lig ailSe 8) Contents af Audit Engagement: » \ #)_ Objectives of Atdlit ‘ ) ppm 8) Scope, of Audit ) egem ©). Responsibilitier Auditor - Client - je mgom 0) £esponsibilities of pews 4 tule _§ Hegulatione 40x _puepasing fioancial age Statement® (ES) - 2 SS TY, —a=s Audit Wloubing papexs - es —>Meaming - WoHFing pape ast. wittten_Hecoucly = _pHepaved on obtaineol by the quid rtor_ awsing ace the couse Of Quolit:- tt ote ag a link between ae books Of oftountt & auditors. Wouking paper yee BEB ate the pooperty of the auditor _. SB —s Important functions . 5 p ; = as ithe aici ctat ss mee thor wee not a_past_of the audit in the mee pevious —yeant can __know the _opexations ths.ough. pees woking papers. ____ ee —F j 2 the. _efticienesy % tha iy UI tt —Can_be. judgeol by working papers iis They tan be. tuiavneol__ateordingly_, aAssist in yinali ion : wWorting pape pelps the —— Auditor to Hoalise the _eports A Repeuence {oi fucbuvte, :“he. auditor can_alwaye— __Tnesen 40 worbing paper as an when equired_ in the Nau futwe - PS 4S Culolence in Count ot low } Aticlit working Papers Que an evidence. Q an effective audit $ ___thenefove. auditor can _psotect himsety. porn Suit against hin fox any pHoblem— Thee ane two typer by piles = led. A fil ie aE —Peurnanent files tontainy paper of —continui na | _|—!mportance. tt gives inpormation about tha Constitution of the ovganisation_,policier adopted ——by the _tompany . eeees trent file tontaing papers Which ave —Helevent gor the _dudlit of Cwurent_yean OnLy.Date VU ’ MON TUE Weo THU FRI SAT SUN a 1000 gooa0aQ ane IRR — Vo abang —————_____—— 2 _ Vouching td a exam ination Of Mans Oe TePED: _%& Vouthing means Checting _pHoxit € ose items — = _%_Undex che clocuumenctary evidence enollgh — % Vouching 4 tOnduetect thxdughout the Yeah -K Vouching U1 eOnductect _génenally by the_juniov staf \ ane —— = —__—_— — = ay e a t _—_stHlow to VOuUch . Heceipts 4 also check Sevial Numbers late , amount 5 psoper authovigation § S4amp Heguirem * O = Check whether tHangaction has pcamed in 23 the_velevent petind —___—inteunat_tenrrel tyes _— %XU- Gain $ Undenstanding ©f the ICs ____ = XC = Check whether pudpen cuistingillth” 4 made ee & E between capita $ wevenue items. gy t HH = Check whethen it chas bein puopeuly ecordled gpm & R 1 e. in the. books Pf —ALtOUNES- also Check no pexsoak gpm —Pxpenee gueadded. =< a a — a i% Veuizication u a examine, of NE Shiatsu ce balancer > * Vougication means Checking balance, Sheet — =a -— Casceate { liabilities) Ks a & Undex Venitication clocumentauy evidinee, # enough» physical vuigitation bb also Hegeti A at the end ay FH Vouipieation wu _ condurt XK Vou V ation u conducted by Senior himeey. = = oe es gY reeeeeneeenty rent whether puopex a twohethew the Conducting physical #R Chece whethes Organisation ‘the if “the asset ts Puxchadecd chet bi hight o the genucation. 45 Invoices ting HCO volt in the Ownership & Ag nttmnent? , eonicas Centyita ies , (0 &T - Cher whethey 44 thene any Chose on the asset %F = Chece Wether The Company has followed olistlogune Hequireanent — ~ osDate MON TUE WEO THU FRI say oodoooG XY = Conduct physical Veuigieation towanclt the Yeay end. (dn _a_swiprise bases. to_avoid i. ae CLNy manipulation on behalf of the Manag ere %_Chece whethew fe_valuation’ is clone. _pttopedty _ if the. liability unceutain & the amount an! > Not be estimated : aa * Check wohethen the liabilities U an Obligation * 0} the. ptiganigation 4 check clocumen. 2H Cviolence» ire bills invores y agreements # Cesuirficate Of management - 2 , aie es ~4o_.Chere whether the liability ae puuopeily distlogedl _“} * Inthe FS- 0% peu the Hequirement of Schedule yr *F«Intestinal tontvo! :- The audit should check the System, x ingewnal contuol ¢ ensue that thre axe adequate inteunat contuol on Heceipt %.-. x ee dotument '- Auditor Shoule. theck all the Heleven® Supporting, document * Name, date ¢ Senial number ¥ “The name on the olptiument Should be. of the auditee § it Showlol Ptstiain* to the twwent yeay. The Seual number Shoutd be continuous . In case, of any missir eal Seiad number atcli'tor should investigate the Lie. ‘er BFS x Amount >The amount inthe. books of accounts. chow — == tally._wltr the amount inthe. nespective_dowument BED Accoxeting fudlit. shoul ensune/that the amount Sepauately in the Fs Cschedule V!) discos Accounting.» Auditor Shewlol Check that accounting pS ee ts_puoptr 4 & clone as per Heélevant atcounting Standasa - ss zs % Disatocute : Atuditor. ehould tngute that the Amount is _dlistl0ced _ Sepanately inthe FS (schedule, vi!)uppow. tg_—DOcuments - involee, 5 delivery Chalan y 4Hansporten bil{ az Sales: a fent > went aguecmenc. phioperty Papers y Herc seceipts - x Intevest Income > bank Statement» loan agreements jateeat Heceipts = * Divident income*> Investment @chedule » bank a Statement, divident utorrent ~ i 4 foyatty Intome ? Bank. Staternenty Moyalty Ag earoent aa KS ownexthip documents Hoyalty calculation fey Bas working . =a Audit Ot fependitane aa ®_Suppositingolouument « — + Name, date ¢ geuial number. a + Amount ee * Atounting —— = a * Disuosune- = fe % Compauison with pueviour eax: Auditor _Choula — aa 2) Cc Compane the amount with previous yea es xpenditure Inuuied. - Incase. of major gly 11 difgevence in the amount the Auditor ¢houwloA tr od B find our the Henson for the Same .E Punchase ° Copy of cletivewy ehalans invoice $ __ the supplitt-y 8 tore karpen note. 4 Salwuy § Wager: -Atenclance Hegists Salamy es Heceipt® $ bank. advice ~ A fent E : ik lngwianca puemium: Insurance. ag ueement » : eceipt> 5 _Insunance Po tiey Telephone expenses * Telephone bil, bila paymenr+ # Adnertising & x penser + Invoice , pao OF the Odventisement » pstemiuna Heading points 4. Explanation - AUDIT OF _(/ABLLLTLES - 0 Intemad tontupl There Shoulol be puoper interned contol tspectfin point tulttr Hespett to aniwey . , neeok to be Written. s 24 Copgiun-paypnentlo_Subsequunt-nipntas the aluditor howl Verity i} the balance outsbancing tn the ability account has been cleaseck {paid ob _in the Subsepunt Months. 2) ce_contirmation >The auclitor May alto call fox balance. conpiymection 40m. The thividl party z tata bal further ensuve. geruiness ef the balance co Emel ies recaet |»)Lecigen_goauiting +The. cwclitor shoul sentihize Tae — iv, Ledge pexietining to) the liability account a \ Vetify that accounting for the same._has been Aone, —* MES &) Schedule TL disclosmte, +The, Auditor Bhowlol enscure afm that thu auclosaye ts ax per Hevisedt SChtclie wie NVImeep Heer -_ 6) 6 x i Y 1: The Ae oe ‘ompaHicon Wit pHeMort Yeon = ___Lompaxe, The Amount 9 the cument staH with Thatgder os the puevious year Any major aeviections Should b@ a) investigated pxopeuly by the auaitoy + — AUDIT OF ASESTS. = f eee eae sa DVlatexnal contuel'- The should be. priopex_intenal S® 2) Dwneithip 2 the auditor ehowd conpivm that tho Se assest bt legally Owneol by the LOMpany The — cial Statements of the pueviour year ea can be. oeed. base por vewitying . _ * Fovergn exchange. Hate’ tpoctique uu x ee It & necessary OY Aliditox to Vesti buy the* i ___ Hates that ane seal tn Sen k 4 liabilities pu0m. joneign uiency to inating". ghey H) Subject to phage +The auditor ghaulod AscentaIn gery whether the asset subject 10 any hang gles u — on_vein agains: _ Any loan ftaken_or Th Or 19 2 rae ti