# Accounting Paper 1, November 2024, question 4.1

> Explain the role of an independent external auditor of a company. Give ONE point. Marked mark by mark. Q4.1, Accounting Paper 1 November 2024, 2 marks.

Canonical: https://sharpkop.co.za/accounting/2024-nov-p1/q4-1/
Last updated: 2026-11-12

Subject: Accounting. Source: Based on Nov 2024 · Paper 1 · Q4.1. Marks: 2. Not yet checked by a teacher.

## Question 4.1 (2 marks)

Extract from the independent auditor’s report of Tembisa Traders Ltd for the year ended 30 June 2025:
Audit opinion: In our opinion, the financial statements fairly present the financial position of the company as at 30 June 2025, in all material respects.
Basis for opinion: We obtained enough suitable audit evidence to support our opinion.

Explain the role of an independent external auditor of a company. Give ONE point.

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[Answer this question](https://sharpkop.co.za/accounting/2024-nov-p1/q4-1/) and see it marked mark by mark, with the reason for every lost mark.

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