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a. Why is the appropriateness of audit evidence obtained by the auditor important...

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Accounting

a. Why is the appropriateness of audit evidence obtained by the auditor important in forming an audit opinion? Describe the qualities information should have to be considered appropriate by the auditor.
(5 marks)
b. Audit of Property, plant and Equipment
(i) Property, plant, and equipment is normally audited in a different manner than current asset accounts. State three reasons why this is so.
(3 marks)
(ii) In auditing depreciation expense, one of the auditor's concerns is determining that the client's calculations are correct. In making this determination, the auditor must weigh four considerations. List these four considerations.
(4 marks)
(iii) State three of the seven specific balance-related audit objectives for property, plant, and equipment additions.
(3 marks)
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