Chủ đề: ISA 540

Có 7 bài viết

The auditor may consider confirming accounts receivable balances at an interim date if
The auditor may consider confirming accounts receivable balances at an interim date if

Relevant to Foundations in Audit (FAU) and Audit and Assurance (AA)This article will focus on assertions as identified by ISA 315 (Revised 2019) and also provides useful guidance to candidates on how ...

What was the report date for the audit report?
What was the report date for the audit report?

Background of the IAASB ProjectThe auditor’s report is the auditor’s primary means of communication with an entity’s stakeholders. Hence, the report has to be meaningful and deliver value for ...

Which set of assertions are tested when during the completion of the audit?
Which set of assertions are tested when during the completion of the audit?

What are Audit Procedures?Audit procedures are used by auditors to determine the quality of the financial information being provided by their clients, resulting in the expression of an auditor’s ...

Why do auditors need to understand the organizational structure of the business
Why do auditors need to understand the organizational structure of the business

People often ask: is an internal audit necessary? What if we’re a smaller organization, should we be spending our already limited resources on an internal audit program? If your clients depend on ...

What is typically another purpose of analytical procedures at the end of the audit?
What is typically another purpose of analytical procedures at the end of the audit?

What are Analytical Procedures?Analytical procedures are a type of evidence used during an audit. These procedures can indicate possible problems with the financial records of a client, which can ...

Which of the following are factors to consider when designing external confirmation request?
Which of the following are factors to consider when designing external confirmation request?

A common industry practice for auditors to gather audit evidence from external stakeholdersNội dung chínhWhat is Negative Confirmation?Auditors’ Assumptions Underlying ConfirmationsTypes of ...

On which audits are the new auditing standards for accounting estimates applicable and when are they effective?
On which audits are the new auditing standards for accounting estimates applicable and when are they effective?

The IAASB revised its standard on accounting estimates, ISA 540 (Revised), Auditing Accounting Estimates and Related Disclosures, to respond to the rapidly evolving business environment. The revision ...