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115+ Free KASNEB CA24 Practice Questions

Pass your KASNEB Certified Public Accountants (CPA) Intermediate — Auditing and Assurance (CA24) exam on the first try — instant access, no signup required.

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2026 Statistics

Key Facts: KASNEB CA24 Exam

50%

Minimum Pass Mark per Paper

KASNEB Examination Regulations

3 hours

Official Written Examination Time

KASNEB CPA Intermediate Level

Kshs 2,400

Intermediate Level Paper Booking Fee

KASNEB Qualifications Booklet 2026

Kshs 3,500

Initial Registration Fee

KASNEB Fee Structure

3 sittings

Examination Diets per Year (Apr, Aug, Dec)

KASNEB Student Service Guide

C+ (plus)

Minimum K.C.S.E. Mean Grade for CPA Entry

KASNEB CPA Qualification Page

KASNEB CPA CA24 Auditing and Assurance is an Intermediate Level paper examining ISAs, audit planning, evidence, internal controls, and assurance in the Kenyan context. Candidates need active KASNEB registration and pay Kshs 2,400 per paper booking plus Kshs 3,500 registration and Kshs 1,200 annual renewal. The pass mark is 50% in a three-hour written examination held in April, August, and December.

Sample KASNEB CA24 Practice Questions

Try these sample questions to test your KASNEB CA24 exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 115+ question experience with AI tutoring.

1Which of the following BEST defines auditing in the context of financial reporting?
A.An independent systematic examination of financial statements to provide reasonable assurance they are free from material misstatement
B.The process of preparing journal entries and posting them to the general ledger
C.Management's internal review of budget variances without external involvement
D.A tax authority's calculation of corporate income tax liability
Explanation: Auditing is an independent examination of financial statements and related information performed by a qualified auditor to obtain reasonable assurance that the statements are free from material misstatement, whether due to fraud or error.
2What is the PRIMARY objective of an external audit of financial statements?
A.To detect every instance of fraud regardless of materiality
B.To express an opinion on whether the financial statements give a true and fair view in accordance with the applicable financial reporting framework
C.To prepare the entity's annual tax return for filing with the Kenya Revenue Authority
D.To guarantee that the entity will remain profitable in the next financial year
Explanation: The primary objective of an external audit is to enable the auditor to express an opinion on whether the financial statements are prepared, in all material respects, in accordance with the applicable financial reporting framework.
3Which type of audit is performed by employees of the organisation being examined?
A.External audit
B.Statutory audit by the Auditor-General
C.Forensic audit by a court-appointed investigator
D.Internal audit
Explanation: Internal audit is conducted by employees or agents of the organisation to evaluate governance, risk management, and control processes. External audit is performed by an independent practitioner.
4Under ISA 200, reasonable assurance is a HIGH level of assurance but is NOT absolute because:
A.Auditors are prohibited from testing any internal controls
B.All audit evidence must be obtained only through external confirmation
C.Inherent limitations exist, including the use of judgment, sampling, and the possibility of management override of controls
D.Materiality is set at zero for every audit engagement
Explanation: Reasonable assurance is high but not absolute. ISAs recognise inherent limitations such as judgment, sampling risk, incomplete evidence, and the possibility of management override and collusion.
5Which stakeholder group relies MOST directly on an unmodified audit opinion when deciding whether to extend credit?
A.Production supervisors scheduling machine maintenance
B.Warehouse staff counting physical inventory on a daily basis
C.Marketing teams designing advertising campaigns
D.Banks and other lenders assessing the reliability of published financial information
Explanation: Lenders use audited financial statements to assess creditworthiness and the reliability of reported assets, liabilities, and cash flows before extending credit.
6Limited assurance engagements differ from reasonable assurance engagements in that limited assurance engagements:
A.Provide less assurance and ordinarily involve procedures that are less extensive than those in a reasonable assurance engagement
B.Always provide absolute assurance over every account balance
C.Require an adverse opinion whenever any immaterial error is detected
D.Eliminate the need for professional scepticism
Explanation: Limited assurance (such as a review under ISRE 2400) uses less extensive procedures and conveys lower assurance, often expressed in a negative form of conclusion.
7In Kenya, which legislation requires most companies to have their annual financial statements audited?
A.The Public Finance Management Act, 2012
B.The Companies Act, 2015
C.The Kenya Information and Communications Act
D.The Employment Act, 2007
Explanation: The Companies Act, 2015 requires companies to prepare financial statements and have them audited, subject to exemptions for certain small companies, ensuring accountability to shareholders and regulators.
8Which of the following BEST describes the relationship between auditing and accounting?
A.Auditing and accounting are identical functions performed by the same person without restrictions
B.Accounting verifies audit work; auditing prepares the trial balance
C.Accounting produces financial information; auditing provides independent assurance on that information
D.Auditing replaces the need for any accounting records
Explanation: Accounting involves recording, classifying, and summarising transactions. Auditing independently examines the resulting financial statements to provide assurance on their reliability.
9A compliance audit in the public sector primarily assesses whether:
A.The entity's share price outperformed the stock market index
B.Every employee received identical annual bonuses
C.Resources were used in accordance with applicable laws, regulations, and delegated authority
D.Marketing expenditure generated the highest social media engagement
Explanation: Compliance auditing in the public sector focuses on adherence to laws, regulations, budgets, and authority governing the use of public resources.
10Which of the following is a key benefit of auditing to capital markets in Kenya?
A.Elimination of all business risk in listed companies
B.Automatic approval of every loan application by commercial banks
C.Guaranteed compliance with every internal company policy regardless of materiality
D.Enhanced credibility of financial information, supporting investor confidence and efficient allocation of capital
Explanation: Independent audit enhances credibility of financial reporting, which supports investor and lender confidence and contributes to efficient capital market functioning.

About the KASNEB CA24 Exam

Auditing and Assurance (CA24) is an Intermediate Level paper in the KASNEB Certified Public Accountants (CPA) programme. The syllabus covers International Standards on Auditing (ISAs), audit planning and risk assessment, audit evidence, internal controls, audit reporting, the audit of financial statements, digital and IT audit considerations, and the Kenyan regulatory environment including the Companies Act 2015 and public sector accountability frameworks. The official examination is a three-hour written paper. This free practice bank reformats the same syllabus content into 100 multiple-choice items for efficient revision.

Questions

100 scored questions

Time Limit

3 hours for the official CA24 written paper

Passing Score

50% (at least 50 marks out of 100)

Exam Fee

Kshs 2,400 per paper for CPA Intermediate Level booking; registration Kshs 3,500 and annual renewal Kshs 1,200 (Kenya Accountants and Secretaries National Examinations Board (KASNEB), conducted at designated examination centres)

KASNEB CA24 Exam Content Outline

~10%

Introduction to Auditing

Nature and purpose of auditing, assurance engagements, types of audit, reasonable assurance, and statutory requirements

~10%

Auditor Ethics & Professionalism

Ethical principles, independence, threats and safeguards, professional scepticism, and NOCLAR

~11%

Audit Planning

Audit strategy and plan, entity understanding, risk assessment, materiality, and going concern

~11%

Audit Evidence

Procedures, confirmations, sampling, reliability, experts, and fraud risk responses

~11%

Internal Controls

COSO framework, segregation of duties, control testing, ITGCs, and management override

~9%

Audit Reporting

Opinion types, emphasis of matter, key audit matters, and comparative information

~9%

Audit of Financial Statements

Assertions, revenue, inventory, PPE, provisions, related parties, and subsequent events

~11%

Kenyan Regulatory Context

Companies Act, Auditor-General, PFMA, CMA, Mwongozo, and bank audit regulation

~9%

Digital & IT Audit

Computerised environments, application controls, service organisations, and CAATs

~9%

Specialized Assurance

Review, agreed-upon procedures, compilation, quality control, and performance auditing

How to Pass the KASNEB CA24 Exam

What You Need to Know

  • Passing score: 50% (at least 50 marks out of 100)
  • Exam length: 100 questions
  • Time limit: 3 hours for the official CA24 written paper
  • Exam fee: Kshs 2,400 per paper for CPA Intermediate Level booking; registration Kshs 3,500 and annual renewal Kshs 1,200

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

KASNEB CA24 Study Tips from Top Performers

1Master the ISA framework — CA24 expects working knowledge of key standards from ISA 200 through ISA 705 and related assurance pronouncements.
2Understand the audit risk model and how control risk affects the nature, timing, and extent of substantive procedures.
3Practice identifying assertion-level risks for revenue, inventory, and payables — these are high-yield examination areas.
4Learn Kenyan context: Companies Act auditor rights, Auditor-General mandate, and PFMA accountability principles.
5Study internal control components under COSO and how management override creates fraud risk under ISA 240.
6Memorise opinion types and when each modification is appropriate — qualified, adverse, and disclaimer.
7Book CA24 early through the KASNEB portal and confirm your examination centre before the deadline.

Frequently Asked Questions

What is KASNEB CPA CA24 Auditing and Assurance?

CA24 is an Intermediate Level paper in the KASNEB Certified Public Accountants programme covering auditing standards, assurance engagements, internal controls, and audit reporting in the Kenyan context.

Who administers the CA24 examination?

The examination is administered by the Kenya Accountants and Secretaries National Examinations Board (KASNEB) at designated examination centres. Registration and booking are completed through the KASNEB student portal.

What topics are examined in CA24?

The syllabus covers ISAs, audit planning and risk assessment, audit evidence, internal controls, audit reporting, financial statement audits, digital audit considerations, Kenyan regulatory frameworks, and specialized assurance engagements.

How much does the CA24 examination cost?

CPA Intermediate Level papers are booked at Kshs 2,400 per paper. New candidates also pay a Kshs 3,500 registration fee and Kshs 1,200 annual registration renewal while completing the programme.

What is the pass mark for CA24?

Candidates must score at least 50 marks out of 100 (50%) to pass. Candidates who do not pass are referred in the paper and re-sit it at a later examination sitting.

When are KASNEB CPA examinations held?

KASNEB professional examinations are held three times a year, in April, August, and December. Candidates book papers through the student portal during the published registration window.

Are these practice questions multiple-choice?

Yes. The official CA24 paper uses short-answer and structured questions, but this free practice bank reformats the same syllabus content into 100 multiple-choice items so you can revise and self-test quickly.

What are the prerequisites for sitting CA24?

Candidates must be registered with KASNEB for the CPA programme and have progressed to Intermediate Level by passing Foundation Level papers or receiving approved exemptions.