Define communication, interpersonal communication, and organizational communication. Why isn't? Effective communication synonymous with agreement?
A.greeting
B.communication
C.reading
D.survival
2 (a) Define the following terms:
(i) Forensic Accounting;
(ii) Forensic Investigation;
(iii) Forensic Auditing. (6 marks)
(c) Define ‘retirement by rotation’ and explain its importance in the context of Rosh and Company.
(5 marks)
Required:
(a) Briefly explain the main purposes of the three main formal communication channels in an organisation:
(i) Downwards; (3 marks)
(c) Define ‘market risk’ for Mr Allejandra and explain why Gluck and Goodman’s market risk exposure is
increased by failing to have an effective audit committee. (5 marks)
(b) Briefly explain the two types of informal communication known as the grapevine and rumour. (6 marks)
prospective employee.
Required:
(a) Define the purpose of a reference. (3 marks)
(a) In relation to the law of contract, define and explain consideration. (3 marks)
(b) Explain the following statements regarding consideration:
(i) consideration must be sufficient but does not have to be adequate; (3 marks)
(ii) past consideration is not good consideration. (4 marks)
(a) Define the ‘three Es’ of a value for money audit. (3 marks)
(b) ISA 230 Audit Documentation requires auditors to prepare audit documentation for an audit of financial statements on a timely basis.
Required:
Describe FOUR benefits of documenting audit work. (4 marks)
(c) ISA 530 Audit Sampling applies when the auditor has decided to use sampling to obtain sufficient and appropriate audit evidence.
Required:
Define what is meant by ‘audit sampling’ and explain the need for this. (3 marks)