1. Define (a) contingent liabilities and (b) commitments and explain briefly why contingent liabilities and commitments may present problems for the auditor. 2. List five procedures auditors commonly use during their review for contingent liabilities and commitments. 3. (a) Briefly distinguish between (i) adjusting and (ii) non-adjusting subsequent events. (b) Give one specific example to illustrate each of these types of subsequent events. 4. (a) State the period which is subject to the auditors review for subsequent events. (b) List three procedures auditors commonly use during their review for subsequent events 5. Explain briefly what is meant by the going concern assumption. 6. Explain briefly the auditors responsibility for assessing the propriety of the auditee adopting the going concern assumption during: (i) the risk assessment phase of the audit; (ii) the evidence gathering phase of the audit; (iii) the completion and review phase of the audit. 7. Explain briefly what is meant by written representations and outline five matters for which auditors are required to obtain such representations 8. List four objectives of the audit engagement partners final review of the audit documentation. 9. Explain briefly the purpose of an engagement quality control review and how it is conducted. 10. Explain the significance of dating the audit report.