ICAN Audit & Assurance 2025
Past Questions

Which of the following creates a self-review threat to auditor independence?

The body responsible for setting accounting and auditing standards in Nigeria is the:

A misstatement that is small in amount but conceals a change in earnings trend is material by reason of its:

Where the assessed risk of material misstatement is high, the auditor should:

ISA 240 presumes that there are risks of fraud in:

Primary responsibility for the prevention and detection of fraud rests with:

Deficiencies in internal control identified during the audit should be communicated:

Bank confirmation obtained directly from the bank provides evidence of all of the following EXCEPT:

Cut-off testing of revenue is designed to ensure that sales are recorded:

You are completing the audit of three unrelated clients for the year ended 31 December. In each case the audit is otherwise complete and the matters below remain unresolved. (i) Lagos Textiles Limited…