Question 3: (C1&C2) (8 Marks)

Indicate the category and the standard for each statement below:

1. The auditor expresses an opinion on the financial statements.
2. The clients notes to the financial statements contain all essential data.
3. The auditor is careful in doing the audit.
4. A predesigned schedule is followed during the audit.
5. The auditor is objective and unbiased in performing the audit.
6. The client used the same accounting principles this year as last year.
7. The auditor is an accounting graduate with experience.
8. The audit produced all evidence needed to reach a conclusion about the financial statements.

No.	Type of category	Type of standard
1
2
3
4
5
6
7
8