Description

Description

College of Administration and Finance Sciences

Assignment (2)
Deadline: 19/04/2025 @ 23:59
Course Name: Auditing principals and
procedures

Student’s Name:

Course Code: ACCT 401

Student’s ID Number:

Semester: 2nd

CRN:
Academic Year: 1446 H

For Instructor’s Use only
Instructor’s Name: Dr. Abdullah A Al Akkas
Students’ Grade:
/15
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the cover
page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
• All answers must be typed using Times New Roman (size 12, double-spaced) font.
No pictures containing text will be accepted and will be considered plagiarism.
• Submissions without this cover page will NOT be accepted.

Restricted – ‫مقيد‬

College of Administration and Finance Sciences

Assignment Question(s):

(Marks 15)

Q1. List the three types of transactions processed through the revenue process.

(3 points)
Answer:

Q2. Identify the three major types of transactions that occur in stockholders’
equity. (3 Points)

Q3. What are the audit procedures for identifying contingent liabilities?
(4 Points)

Restricted – ‫مقيد‬

College of Administration and Finance Sciences

Q4. List the eight elements included in the standard unqualified report.
( 5 Points)

Restricted – ‫مقيد‬

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