⭐ Important points (exam-critical)
- ⭐Significant risks (SA 315): require special audit consideration (fraud, related party, non-routine).
- ⭐ITGCs: change management, logical access, operations — pervasive to all CAATs.
- ⭐Internal Financial Controls (IFC) audit mandatory for listed cos under Sec 143(3)(i).
- ⭐Reliance on internal audit (SA 610) — assessed for objectivity, competence, systematic approach.
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