You are an auditor at AMA KIPPA Auditors (‘AK’) and part of the audit team of JUNGLE FEVER (Pty) Ltd (‘JF’). AK has 5 partners and 45 professional staff members, and its offices are located in Sunnyside, Soweto Market Windhoek. AK was appointed as auditor of JF in JULY 2019. Management has requested that the audit for the financial year ended 30 DECEMBER 2019 be completed as soon as possible after the year end, as the company’s bankers urgently require the financial statements in order to assess an application for finance received from JF.

Required:

1.1 Expressed simply, what is the difference between the auditing and accounting?

1.2 What are the key attributes of an auditor? And provide the relevant objectives of the auditors?

1.3 Describe the different types of auditors with relevant examples?

1.4 Identify the different bodies of the audit profession and explain their roles?