BC2 – Assignment 5
• Submission requirements for BC2
• Assignment #5
• Task 11 — Respond to queries from the reviewer 10 marks
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BC2
Task 11, page 1
• Audit performance requirements
• a) Review the query sheet returned by your marker. Answer all queries on the sheet. And rectify any errors mentioned on the query sheet. Enter details of the working papers in the “W/P corrected or expanded by” box on the query sheet.
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BC2 - Task 11
• Note: Students will be required to respond to and correct queries issued by the audit reviewer (marker) in order to pass the BC2 case.
Students who fail to respond to the queries issued by the audit reviewer
(marker) will fail the BC2 case.
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BC2 - Task 11
• The reviewer is your marker and all the comments pertaining to Assignment #4 must be corrected. In a real audit, any deficiencies in the audit file must be cleared before the file is closed.
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BC2 - Task 11
Examples of audit deficiencies:
• Errors in the Independent Auditor’s
Report.
• Financial Statements format
• Inadequate Notes to Financial
Statements
• Errors in the adjusting journal entries
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BC2 – Query Sheet response
• Eg.
• Independent Auditor’s Report is not signed. • Done. See W/P ___ or see Independent
Auditor’s Report, p. ___
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BC2
PDF file for Assignment #5
Creating your Assignment 5 PDF file for Task 11
Refer to the CaseWare procedures “Creating a
PDF assignment file for student tasks” in Task
1 (page 4).
Create a PDF assignment file containing the
Query sheet and all working papers corrected or expanded (i.e. Corrected Assignment #4)
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BC2 - Task 11
• PDF the corrected Assignment along with the Query sheet from the marker.
• Insert the Word document into
CaseWare to add to your pdf file.
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BC2- CaseWare
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BC2 – Exporting pdf file
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BC2
Final Check
Once your pdf file is done, do a final check by opening up the pdf file.
Do you see the query sheet? Are all your corrections done?
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BC2
Discuss questions with other students in the
BC2 forum or with the Course Directors
Send email to marker via “Contact Marker” or you can contact CGA affiliates.
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BC2
FAQ:
• The evaluating misstatement sheet still confuses me. Can you explain the entries on W/P 22-3?
– For
