The Paper:
1. Will consist of 5 Questions and all are compulsory
2. Question No. 01 will be compulsory ( 40 Marks) and will include all areas
covered under lecture sessions
3. Other 4 Questions will be of 15 Marks
4. You will have to know to analyse an organization's internal control stucture
and give recommendations ( refer past papers for how such questions are set)
5. Code of Conduct (Sri Lanka) will be a critical area and you are adviced to
refer the published slide show above with the code given in the course manual (For example Independence, Confidantiality,
Tax Practice, Audit Fees, Accepting a new client, Steps of resolving an an ethical dilemma etc, etc). Small
cases will be given to test these (refer past papers to see how questions are set). Also, be aware of the practical application
of certain quality control aspects (SLAuS 03).
6. You should know to identify audit risk areas of a given audit scenario.
7. Please concentrate on what I have covered in the lectures. Specially which
is related to the Sri Lankan context. You will have to only refer internationaly related material in your course manual if
I had covered it specifically.
8. Please note that some topics which is not in your course manual may contain
in the above lecture slides.
This is just only a guide and WISH YOU ALL THE VERY
BEST for your EXAMINATIONS & FUTURE
