Karric gold and copper

Discuss the steps that you need to consider before accepting to do an audit of the KGC.

 

if the inherent risk of the kgc ltd mine in PNG is estimated 80%and the control risk and the deterction risk are estimated at, respectively , 10% and 50% should your audit firm accept the role of doint an audit of the KGC ltd mine in PNG

 

List and discuss what should be included in an audit program for the kgs ltd mine in png. Your program should includde general coveraplus items 1 to 9.

 

if kgc ltd revalues its major ppe assert from historic cost of fair market value what are the major concerns for the auditor and what testsshould the auditor perform to resolve those concer?

 

Review the future prospects ofnthe mine.

 


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