AUDIT PLANNING MEMORANDUM

The Southern African Institute of Government Auditors Qualifying Examination for Registered Government Auditors July 2004 INSTRUCTIONS TO CANDIDATES 1 Maximum marks: 200. 2 Total time available: five hours. 3 The marks allocated are an indication of the expected length and required depth ofthe answer. 4 Ensure proper planning and avoid exceeding the time available for each question asindicated by the number of marks allocated to the question. 5 No books or notes are allowed in the examination room. 6 Present your arguments clearly. Use well structured, clear, precise language andwhere appropriate, professional terms. 7 All working papers must be handed in together with all paper provided for theexamination (including unused stationery). 8 Answers written in pencil will not be marked. 9 You will be informed of the results of the Qualifying Examination for RGAs byTuesday 31 August 2004. No enquiries will be responded to before that date. © SAIGA. All rights reserved PART I (160 marks) AUDIT PLANNING MEMORANDUM FOR THE REGULARITY AUDIT OF DEPARTMENT XYZ FOR THE FINANCIAL YEAR ENDING 31 MARCH 2004 INDEX CHAPTERPage1 OBJECTIVES OF THE AUDIT PLAN 42INTRODUCTION 43 ROLES AND RESPONSIBILITIES 43.1 Terms of Reference 43.2 Responsibilities of the auditors and of management 5 4 SCOPE OF THE AUDIT 64.1 Audit report required 64.2 Extent of report 64.3 Elements of a regularity audit 64.4 ...