AUDITING STANDARDS IN INDIA
|
|
|
- Marjorie Richard
- 9 years ago
- Views:
Transcription
1 AUDITING STANDARDS IN INDIA
2
3
4 ANNEXURE I Comparative Position of International Engagement Standards, issued by the International Auditing and Assurance Standard Board of the International Federation of Accountants vis-à-vis. Auditing and Assurance Standards (AASs) issued by ICAI (As on May 25, 2007) Standards on Quality control Sl. No ISQC Title of the ISQC AAS Quality Control for Firms that Perform Audits and Reviews of Historical Financial, and Other Assurance and Related Services Engagements Standards on Auditing ISA Title of the ISA AAS Objective and General Principles Governing an Audit of Financial Title of the AAS The Draft of SQC 1 is under consideration of the Council. AAS/ Guidance Note 01 Basic Principles Governing an Audit 02 Objective and Scope of the Audit of Financial Terms of Audit Engagements 26 Terms of Audit Engagements Quality Control for Audits of Historical 17 Quality Control for Audit Work Financial Audit Documentation 03 (Documentation - The Board has already undertaken the revision of AAS 3) The Auditor s Responsibility to Consider 04 The Auditor s Responsibility to Fraud and Error in an Audit of Financial Consider Fraud and Error in an Audit of Financial Consideration of Laws and Regulations in an Audit of Financial Communications of Audit Matters with Those Charged with Governance 21 Consideration of Laws and Regulations in an Audit of Financial 27 Communications of Audit Matters with Those Charged with Governance Planning an Audit of Financial 08 Audit Planning 310 Knowledge of the Business 20 Knowledge of the Business (withdrawn pursuant to issuance of ISA 315 and 330) Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement Audit Materiality 13 Audit Materiality The Auditor s Procedures In Response to Assessed Risks The Exposure Draft of the proposed AAS is under reconsideration of the Board The Exposure Draft of the proposed AAS is under reconsideration of the
5 to Assessed Risks 400 Risk Assessments and Internal Control (withdrawn pursuant to issuance of ISA 315 and 330) 401 Auditing in a Computer Systems Environment (withdrawn pursuant to issuance of ISA 315 and 330) Audit Considerations Relating to Entities Using Service Organizations AAS is under reconsideration of the Board 06 Risk Assessments and Internal Control 29 Auditing in a Computer Systems Environment. 24 Audit Considerations Relating to Entities Using Service Organisations Audit Evidence 05 Audit Evidence Audit Evidence Additional Considerations 34 Audit Evidence Additional for Specific Items Considerations for Specific Items External Confirmations 30 External Confirmations Initial Engagements- Opening Balances 22 Initial Engagements- Opening Balances Analytical Procedures 14 Analytical Procedures Audit Sampling and Other Means of Testing 15 Audit Sampling Audit of Accounting Estimates 18 Audit of Accounting Estimates Auditing Fair Value Measurements and Disclosures The Board has constituted a study group for the project Related Parties 23 Related Parties Subsequent Events 19 Subsequent Events The Board has already undertaken the revision of AAS Going Concern 16 Going Concern Management Representations 11 Representations by Management Using the Work of Another Auditor 10 Using the Work of Another Auditor Considering the Work of Internal Audit 07 Relying Upon the Work of Internal Auditor Using the Work of an Expert 09 Using the Work of an Expert The Independent Auditor s Report on a Complete Set of General Purpose Financial Modifications to the Independent Auditor s Report 28 The Auditor s Report on Financial The Board has already undertaken the revision of AAS Comparatives 25 Comparatives Other in Documents Containing The Board has decided to come out Audited Financial with the Guidance Note The Auditor s Report on Special Purpose Audit Engagements corresponding to ISA 720 initially. Guidance Note on Audit Reports and Certificates for Special Purposes The Board has already undertaken a project to prepare an AAS corresponding to ISA 800.
6 Standards on Review Engagements ISRE Title of the ISRE AAS Title of the AAS Engagements to Review Financial 33 Engagements to Review Financial Review of Interim Financial The Board has already undertaken a Performed by the Independent Auditor of project to prepare an AAS the Entity corresponding to ISRE Standards on Assurance Engagements Title of the ISAE AAS ISAE Assurance Engagements Other than Audits or Reviews of Historical Financial The Examination of Prospective Financial Standards on Related Services Engagements ISRS Title of the ISRS AAS Engagements to Perform Agreed-upon Procedures Regarding Financial Engagements to Compile Financial Title of the AAS The Board is likely to consider the need to issue the AAS corresponding to ISAE 3000 shortly. 35 The Examination of Prospective Financial Title of the AAS 32 Engagements to Perform Agreedupon Procedures Regarding Financial 31 Engagements to Compile Financial
7 (A) Number of International Engagement Standards issued by the International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants 39 Total 39 (B) Auditing and Assurance Standards (AASs) and other authoritative documents issued by the Institute of Chartered Accountants (i) Number of Indian auditing standards issued by ICAI {Standards issued are 35 but since two Standards cover one ISA, therefore, one Standard is reduced from the total Standards issued, i.e., 35-1} 34 (ii) ISA not relevant to the Indian legal environment 1. ISA 720, Other in Documents Containing Audited Financial 2. ISA 545, Auditing Fair Value Measurements and Disclosures 02 (iii) International Standards corresponding to which the drafts of Auditing Standards are under consideration of the Council 1. ISQC 1, Quality control for Firms that Perform Audits and Reviews of Historical Financial, and Other Assurance and Related Services Engagements 01
8 (iv) International Standards corresponding to which the drafts of Auditing Standards are under consideration of the AASB ISA 315, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement 2. ISA 330, The Auditor s Procedures in Response to Risks of Material Misstatements (v) (vi) International Standards yet to be considered by the Auditing and Assurance Standards Board of ICAI 1. ISA 701, Modifications to the Independent Auditor s Report 2. ISA 800, The Auditor s Report on Special Purpose Audit Engagements 3. ISRE 2410, Review of Interim Financial Performed by the Independent Auditor of the Entity 4. ISAE 3000, Assurance Engagements Other than Audits or Reviews of Historical Financial AAS corresponding to which no International Standard has been issued 1. AAS 12, Responsibility of Joint Auditors 04 (01) (vii) AASs issued corresponding to ISAs withdrawn by IAASB 1. AAS 06, Risk Assessment and Internal Control 2. AAS 20, Knowledge of the Business 3. AAS 29, Auditing in a Computer Systems Environment (03) Total 39
STAFF QUESTIONS AND ANSWERS
STAFF QUESTIONS AND ANSWERS APPLYING ISQC 1 PROPORTIONATELY WITH THE NATURE AND SIZE OF A FIRM This Questions & Answers (Q&A) publication is issued by staff of the International Auditing and Assurance
Work Plan for 2015 2016: Enhancing Audit Quality and Preparing for the Future. The IAASB s Work Plan for 2015 2016 December 2014
The IAASB s Work Plan for 2015 2016 December 2014 International Auditing and Assurance Standards Board Work Plan for 2015 2016: Enhancing Audit Quality and Preparing for the Future This document was developed
BASIS FOR CONCLUSIONS Canadian Standard on Assurance Engagements (CSAE) 3416, Reporting on Controls at a Service Organization
August 2010 BASIS FOR CONCLUSIONS Canadian Standard on Assurance Engagements (CSAE) 3416, Reporting on Controls at a Service Organization This Basis for Conclusions has been prepared by staff of the Auditing
INTERNATIONAL STANDARD ON AUDITING 600 USING THE WORK OF ANOTHER AUDITOR CONTENTS
INTERNATIONAL STANDARD ON AUDITING 600 USING THE WORK OF ANOTHER AUDITOR (This Standard is effective) CONTENTS Paragraph Introduction... 1-5 Acceptance as Principal Auditor... 6 The Principal Auditor s
ISRE 2400 (Revised), Engagements to Review Historical Financial Statements
International Auditing and Assurance Standards Board Exposure Draft January 2011 Comments requested by May 20, 2011 Proposed International Standard on Review Engagements ISRE 2400 (Revised), Engagements
INTERNATIONAL STANDARD ON AUDITING 230 AUDIT DOCUMENTATION CONTENTS
INTERNATIONAL STANDARD ON AUDITING 230 AUDIT DOCUMENTATION (Effective for audits of financial statements for periods beginning on or after December 15, 2009) CONTENTS Paragraph Introduction Scope of this
ISA 620, Using the Work of an Auditor s Expert. Proposed ISA 500 (Redrafted), Considering the Relevance and Reliability of Audit Evidence
International Auditing and Assurance Standards Board Exposure Draft October 2007 Comments are requested by February 15, 2008 Proposed Revised and Redrafted International Standard on Auditing ISA 620, Using
Guidance Statement GS 015 Audit Implications of Accounting for Investments in Associates
GS 015 (November 2009) Guidance Statement GS 015 Audit Implications of Accounting for Investments in Associates Issued by the Auditing and Assurance Standards Board Obtaining a Copy of this Guidance Statement
Addressing Disclosures in the Audit of Financial Statements
Exposure Draft May 2014 Comments due: September 11, 2014 Proposed Changes to the International Standards on Auditing (ISAs) Addressing Disclosures in the Audit of Financial Statements This Exposure Draft
Framework for Performing and Reporting on Compilation and Review Engagements
Compilation and Review Engagements 1999 AR Section 60 Framework for Performing and Reporting on Compilation and Review Engagements Issue date, unless otherwise indicated: December 2009 Source: SSARS No.
INTERNATIONAL FRAMEWORK FOR ASSURANCE ENGAGEMENTS CONTENTS
INTERNATIONAL FOR ASSURANCE ENGAGEMENTS (Effective for assurance reports issued on or after January 1, 2005) CONTENTS Paragraph Introduction... 1 6 Definition and Objective of an Assurance Engagement...
Audit Findings Letter
Audit Findings Letter November 2010 The Institute of Certified Public Accountants in Ireland Sample Audit findings letter The Board of Directors XYZ Limited 30 Pembroke Street Dublin Date Dear Sirs Please
INTERNATIONAL STANDARD ON ASSURANCE ENGAGEMENTS (ISAE) 3402 ASSURANCE REPORTS ON CONTROLS AT A SERVICE ORGANIZATION
INTERNATIONAL STANDARD ON ASSURANCE ENGAGEMENTS (ISAE) 3402 ASSURANCE REPORTS ON CONTROLS AT A SERVICE ORGANIZATION (Effective for service auditors assurance reports covering periods ending on or after
ISAE 3000 (Revised), Assurance Engagements Other Than Audits or Reviews of Historical Financial Information
International Auditing and Assurance Standards Board Exposure Draft April 2011 Comments requested by September 1, 2011 Proposed International Standard on Assurance Engagements (ISAE) ISAE 3000 (Revised),
INTERNATIONAL STANDARD ON AUDITING (UK AND IRELAND) 501 AUDIT EVIDENCE SPECIFIC CONSIDERATIONS FOR SELECTED ITEMS CONTENTS
INTERNATIONAL STANDARD ON AUDITING (UK AND IRELAND) 501 AUDIT EVIDENCE SPECIFIC CONSIDERATIONS FOR SELECTED ITEMS (Effective for audits of financial statements for periods ending on or after 15 December
Gli International Standard on Auditing e gli altri Standard Professionali Internazionali
Gli International Standard on Auditing e gli altri Standard Professionali Internazionali 1 Agenda International Standard on Auditing Altri Standard professionali internazionali 2 International Standard
AUDIT COMMITTEE TERMS OF REFERENCE
AUDIT COMMITTEE TERMS OF REFERENCE 1. Purpose The Audit Committee will assist the Board of Directors (the "Board") in fulfilling its oversight responsibilities. The Audit Committee will review the financial
BERMUDA MONETARY AUTHORITY
BERMUDA MONETARY AUTHORITY BANKS AND DEPOSIT COMPANIES ACT 1999 THE BERMUDA MONETARY AUTHORITY S RELATIONSHIP WITH AUDITORS AND REPORTING ACCOUNTANTS OF BANKS AND DEPOSIT COMPANIES DECEMBER 2012 Table
TECHNICAL RELEASE TECH 09/14BL ACCOUNTANTS REPORTS ON COMMERCIAL PROPERTY SERVICE CHARGE ACCOUNTS
TECHNICAL RELEASE TECH 09/14BL ACCOUNTANTS REPORTS ON COMMERCIAL PROPERTY SERVICE CHARGE ACCOUNTS ABOUT ICAEW ICAEW is a professional membership organisation, supporting over 140,000 chartered accountants
Audit, Review, Compilation, and Preparation of Financial Statements
Audit, Review, Compilation, and Preparation of Financial Statements DISCLAIMER: This publication has not been approved, disapproved or otherwise acted upon by any senior technical committees of, and does
INTERNATIONAL STANDARD ON ASSURANCE ENGAGEMENTS 3000 ASSURANCE ENGAGEMENTS OTHER THAN AUDITS OR REVIEWS OF HISTORICAL FINANCIAL INFORMATION CONTENTS
INTERNATIONAL STANDARD ON ASSURANCE ENGAGEMENTS 3000 ASSURANCE ENGAGEMENTS OTHER THAN AUDITS OR REVIEWS OF HISTORICAL FINANCIAL INFORMATION (Effective for assurance reports dated on or after January 1,
Comparison of ISA 330 with AS-402 Objectives and Requirements Only
Comparison of ISA 330 with AS-402 Objectives and Requirements Only International Standard on Auditing 330 (Redrafted): The Auditor s INTRODUCTION Scope of this ISA 1. This International Standard on Auditing
Shared Service System Audits: What User Management and Auditors Need to Know
Shared Service System Audits: What User Management and Auditors Need to Know JFMIP May 2014 Presented by: Robert Dacey GAO Session Objectives Properly using SSAE 16 service organization audit reports Revisions
IMPLEMENTATION OF THE CLARIFIED INTERNATIONAL STANDARDS ON AUDITING (ISAs)
Enhancing Audit Quality IMPLEMENTATION OF THE CLARIFIED INTERNATIONAL STANDARDS ON AUDITING (ISAs) 2 Implementation of the Clarified ISAs The International Auditing and Assurance Standards Board (IAASB)
APES 205 CONFORMITY WITH ACCOUNTING STANDARDS
APES 205 CONFORMITY WITH ACCOUNTING STANDARDS (Issued December 2007) CONTENTS Section Scope and application...1 Definitions...2 Fundamental responsibilities of Members...3 - Public interest - Professional
Assurance Engagements
IFAC International Auditing and Assurance Standards Board March 2003 Exposure Draft Response Due Date June 30, 2003 Assurance Engagements Proposed International Framework For Assurance Engagements, Proposed
Professional Development for Engagement Partners Responsible for Audits of Financial Statements (Revised)
IFAC Board Exposure Draft August 2012 Comments due: December 11, 2012 Proposed International Education Standard (IES) 8 Professional Development for Engagement Partners Responsible for Audits of Financial
Auditing Standard ASA 600 Special Considerations Audits of a Group Financial Report (Including the Work of Component Auditors)
ASA 600 (October 2009) Auditing Standard ASA 600 Special Considerations Audits of a Group Financial Report (Including the Work of Component Auditors) Issued by the Auditing and Assurance Standards Board
ISSAI 1300. Planning an Audit of Financial Statements. Financial Audit Guideline
The International Standards of Supreme Audit Institutions, ISSAI, are issued by the International Organization of Supreme Audit Institutions, INTOSAI. For more information visit www.issai.org. Financial
Compilation of Specified Elements, Accounts, or Items of a Financial Statement
Compilation of Specified Elements 1731 AR Section 110 Compilation of Specified Elements, Accounts, or Items of a Financial Statement Issue date, unless otherwise indicated: July 2005 Source: SSARS No.
Practice Note. 10 (Revised) October 2010 AUDIT OF FINANCIAL STATEMENTS OF PUBLIC SECTOR BODIES IN THE UNITED KINGDOM
October 2010 Practice Note 10 (Revised) AUDIT OF FINANCIAL STATEMENTS OF PUBLIC SECTOR BODIES IN THE UNITED KINGDOM The Auditing Practices Board (APB) is one of the operating bodies of the Financial Reporting
INTERNATIONAL STANDARD ON AUDITING 501 AUDIT EVIDENCE SPECIFIC CONSIDERATIONS FOR SELECTED ITEMS CONTENTS
INTERNATIONAL STANDARD ON 501 AUDIT EVIDENCE SPECIFIC CONSIDERATIONS (Effective for audits of financial statements for periods beginning on or after December 15, 2009) CONTENTS Paragraph Introduction Scope
Strategy for 2015 2019: Fulfilling Our Public Interest Mandate in an Evolving World
The IAASB s Strategy for 2015 2019 December 2014 International Auditing and Assurance Standards Board Strategy for 2015 2019: Fulfilling Our Public Interest Mandate in an Evolving World This document was
Background. Audit Quality and Public Interest vs. Cost
Basis for Conclusions: ISA 600 (Revised and Redrafted), Special Considerations Audits of Group Financial Statements (Including the Work of Component Auditors) Prepared by the Staff of the International
EU Project N MARKT/2007/15/F LOT 2
EU Project N MARKT/2007/15/F LOT 2 Evaluation of the differences between International Standards on Auditing (ISA) and the standards of the US Public Company Accounting Oversight Board (PCAOB) Maastricht
INTERNATIONAL STANDARD ON RELATED SERVICES 4410 ENGAGEMENTS TO COMPILE FINANCIAL STATEMENTS CONTENTS
INTERNATIONAL STANDARD ON RELATED SERVICES 4410 (Previously ISA 930) ENGAGEMENTS TO COMPILE FINANCIAL STATEMENTS (This Standard is effective) CONTENTS Paragraph Introduction... 1 2 Objective of a Compilation
ISSAI 1501. Audit Evidence Specific Considerations for Selected Items. Financial Audit Guideline
The International Standards of Supreme Audit Institutions, ISSAI, are issued by the International Organization of Supreme Audit Institutions, INTOSAI. For more information visit www.issai.org. Financial
INTERNATIONAL STANDARD ON AUDITING 260 COMMUNICATION WITH THOSE CHARGED WITH GOVERNANCE CONTENTS
INTERNATIONAL STANDARD ON AUDITING 260 COMMUNICATION WITH THOSE CHARGED WITH GOVERNANCE (Effective for audits of financial statements for periods beginning on or after December 15, 2009) CONTENTS Paragraph
STAFF AUDIT PRACTICE ALERT NO. 5 AUDITOR CONSIDERATIONS REGARDING SIGNIFICANT UNUSUAL TRANSACTIONS. April 7, 2010
1666 K Street, NW Washington, D.C. 20006 Telephone: (202) 207-9100 Facsimile: (202)862-8430 www.pcaobus.org STAFF AUDIT PRACTICE ALERT NO. 5 AUDITOR CONSIDERATIONS REGARDING SIGNIFICANT UNUSUAL TRANSACTIONS
Audit, Risk and Compliance Committee Charter
1. Background Audit, Risk and Compliance Committee Charter The Audit, Risk and Compliance Committee is a Committee of the Board of Directors ( Board ) of Syrah Resources Limited (ACN 125 242 284) ( Syrah
INTERNATIONAL STANDARD ON AUDITING 610 USING THE WORK OF INTERNAL AUDITORS CONTENTS
INTERNATIONAL STANDARD ON 610 USING THE WORK OF INTERNAL AUDITORS (Effective for audits of financial statements for periods beginning on or after December 15, 2009) CONTENTS Paragraph Introduction Scope
INTERNATIONAL STANDARD ON REVIEW ENGAGEMENTS 2410 REVIEW OF INTERIM FINANCIAL INFORMATION PERFORMED BY THE INDEPENDENT AUDITOR OF THE ENTITY CONTENTS
INTERNATIONAL STANDARD ON ENGAGEMENTS 2410 OF INTERIM FINANCIAL INFORMATION PERFORMED BY THE INDEPENDENT AUDITOR OF THE ENTITY (Effective for reviews of interim financial information for periods beginning
Guidance Statement GS 007 Audit Implications of the Use of Service Organisations for Investment Management Services
GS 007 (March 2008) Guidance Statement GS 007 Audit Implications of the Use of Service Organisations for Investment Management Services Issued by the Auditing and Assurance Standards Board Obtaining a
INTERNATIONAL STANDARD ON AUDITING (UK AND IRELAND) 320 MATERIALITY IN PLANNING AND PERFORMING AN AUDIT CONTENTS
INTERNATIONAL STANDARD ON AUDITING (UK AND IRELAND) 320 MATERIALITY IN PLANNING AND PERFORMING AN AUDIT (Effective for audits of financial statements for periods ending on or after 15 December 2010) CONTENTS
INTERNATIONAL STANDARD ON AUDITING 620 USING THE WORK OF AN AUDITOR S EXPERT CONTENTS
INTERNATIONAL STANDARD ON AUDITING 620 USING THE WORK OF AN AUDITOR S EXPERT (Effective for audits of financial statements for periods beginning on or after December 15, 2009) CONTENTS Paragraph Introduction
Compilation of Financial Statements: Accounting and Review Services Interpretations of Section 80
Compilation of Financial Statements 2035 AR Section 9080 Compilation of Financial Statements: Accounting and Review Services Interpretations of Section 80 1. Reporting When There Are Significant Departures
RELEVANT TO ACCA QUALIFICATION PAPER P7 AND PERFORMANCE OBJECTIVES 17 AND 18. Completing the audit
RELEVANT TO ACCA QUALIFICATION PAPER P7 AND PERFORMANCE OBJECTIVES 17 AND 18 Completing the audit The completion stage of the audit is of crucial importance. It is during the completion stage that the
INTERNATIONAL STANDARD ON AUDITING 710 COMPARATIVE INFORMATION CORRESPONDING FIGURES AND COMPARATIVE FINANCIAL STATEMENTS CONTENTS
INTERNATIONAL STANDARD ON 710 COMPARATIVE INFORMATION CORRESPONDING FIGURES AND COMPARATIVE FINANCIAL STATEMENTS (Effective for audits of financial statements for periods beginning on or after December
G24: Audits of Controls at a Service Organization: New Standards SSAE 16 and ISAE 3402 Duff Donnelly and Jeffrey Spivack, Grant Thornton LLP
G24: Audits of Controls at a Service Organization: New Standards SSAE 16 and ISAE 3402 Duff Donnelly and Jeffrey Spivack, Grant Thornton LLP Audits of controls at a service organization Roadmap to the
INTERNATIONAL STANDARD ON AUDITING 320 AUDIT MATERIALITY CONTENTS
INTERNATIONAL STANDARD ON AUDITING 320 AUDIT MATERIALITY (This Standard is effective, but contains conforming amendments that become effective at a future date) * CONTENTS Paragraph Introduction... 1-3
SESSION 3 AUDIT PLANNING
SESSION 3 AUDIT PLANNING Learning Objectives: identify and explain the need for planning an audit identify and describe the contents of the overall audit strategy and the audit plan explain the difference
Audit Evidence Specific Considerations for Selected Items
SINGAPORE STANDARD ON AUDITING SSA 501 Audit Evidence Specific Considerations for Selected Items This SSA 501 supersedes SSA 501 Audit Evidence Additional Considerations for Specific Items in September
Management s Discussion and Analysis
Management s Discussion and Analysis 1473 AT Section 701 Management s Discussion and Analysis Source: SSAE No. 10. Effective when management s discussion and analysis is for a period ending on or after
NINTH EDITION A RISK-BASED APPROACH TO CONDUCTING A QUALITY AUDIT
NINTH EDITION AUDITING A RISK-BASED APPROACH TO CONDUCTING A QUALITY AUDIT Kar la M. Johnstone University of Wisconsin Madison Audrey A. Gramling Bellarmine University Larry E. Rittenberg University of
CHANGYOU.COM LIMITED AUDIT COMMITTEE CHARTER
CHANGYOU.COM LIMITED AUDIT COMMITTEE CHARTER I. Composition of the Audit Committee: There will be a committee of the Board of Directors to be known as the Audit Committee. The Audit Committee will have
Proposed Consequential and Conforming Amendments to Other ISAs
IFAC Board Exposure Draft November 2012 Comments due: March 14, 2013, 2013 International Standard on Auditing (ISA) 720 (Revised) The Auditor s Responsibilities Relating to Other Information in Documents
(Effective for audits for periods beginning on or after December 15, 2009) CONTENTS
INTERNATIONAL STANDARD ON AUDITING 805 SPECIAL CONSIDERATIONS AUDITS OF SINGLE FINANCIAL STATEMENTS AND SPECIFIC ELEMENTS, ACCOUNTS OR ITEMS OF A FINANCIAL STATEMENT (Effective for audits for periods beginning
Action Plan Developed by Chartered Accountants Ireland (ICAI) BACKGROUND NOTE ON ACTION PLANS
BACKGROUND NOTE ON ACTION PLANS Action Plans are developed by IFAC members and associates to address policy matters identified through their responses to the IFAC Compliance Self- Assessment Questionnaire.
Materiality and Audit Adjustments
Auditing Standard AUS 306 (June 2001) Materiality and Audit Adjustments Prepared by the Auditing & Assurance Standards Board of the Australian Accounting Research Foundation Issued by the Australian Accounting
ISA 200, Overall Objective of the Independent Auditor, and the Conduct of an Audit in Accordance with International Standards on Auditing
International Auditing and Assurance Standards Board Exposure Draft April 2007 Comments are requested by September 15, 2007 Proposed Revised and Redrafted International Standard on Auditing ISA 200, Overall
Audit, Business Risk and Compliance Committee Charter. Spotless Group Holdings Limited ACN 154 229 562
Audit, Business Risk and Compliance Committee Charter Spotless Group Holdings Limited ACN 154 229 562 Adopted by the Company board on 26 March 2014 Contents Page 1 Role and authority of the Audit, Business
BRISBANE BRONCOS LIMITED AUDIT AND RISK MANAGEMENT CHARTER
ORGANISATION This charter governs the operations of the Audit and Risk Management Committee. The Committee shall review and reassess the charter at least annually and obtain the approval of the Board of
INTERNATIONAL STANDARD ON AUDITING (UK AND IRELAND) 450 EVALUATION OF MISSTATEMENTS IDENTIFIED DURING THE AUDIT
INTERNATIONAL STANDARD ON AUDITING (UK AND IRELAND) 450 EVALUATION OF MISSTATEMENTS IDENTIFIED DURING THE AUDIT (Effective for audits of financial statements for periods ending on or after 15 December
IAASB. CHALLENGES in AUDITING FAIR VALUE ACCOUNTING ESTIMATES STAFF AUDIT PRACTICE ALERT OCTOBER 2008. Background
STAFF AUDIT PRACTICE ALERT IAASB OCTOBER 2008 International Auditing and Assurance Standards Board The IAASB is an independent standard-setting board of the International Federation of Accountants. CHALLENGES
Fundamental Principles of Financial Auditing
ISSAI 200 ISSAI The 200 International Fundamental Standards Principles of Supreme of Financial Audit Institutions, Auditing or ISSAIs, are issued by INTOSAI, the International Organisation of Supreme Audit
(Effective for audits of financial statements for periods beginning on or after December 15, 2009) CONTENTS
INTERNATIONAL STANDARD ON AUDITING 720 THE AUDITOR S RESPONSIBILITIES RELATING TO OTHER INFORMATION IN DOCUMENTS CONTAINING AUDITED FINANCIAL STATEMENTS (Effective for audits of financial statements for
Filings With the U.S. Securities and Exchange Commission Under the Securities Act of 1933
Filings With the U.S. Securities and Exchange Commission 1073 AU-C Section 925 Filings With the U.S. Securities and Exchange Commission Under the Securities Act of 1933 Source: SAS No. 122. Effective for
The Development of Statements of Accounting Concepts and Accounting Standards
Policy Statement 1 (7/93) The Development of Statements of Accounting Concepts and Accounting Standards Prepared by the Public Sector Accounting Standards Board of the Australian Accounting Research Foundation
Josephine Mathias. Kenneth J. Horowitz Phone: 609-586-4800 Ext. 3468 e-mail: [email protected]
ACC204 Auditing Administrative Outline Course Information Organization Mercer County Community College Course Number ACC204 Credits 3 Lecture/Lab 3/1 Catalog Description Investigation into and application
Guide to Accounting Officer Reporting Engagements
Guide to Accounting Officer Reporting Engagements EXPRESSION OF INTEREST FOR TRAINING PROVIDERS TO PROVIDE APPROVED TRAINING PROGRAMMES TO SAICA MEMBERS SOUTHERN AFRICAN INSTITUTE FOR BUSINESS ACCOUNTANTS
Competence Requirements for Audit Professionals
Education Committee Exposure Draft April 2005 Comments are requested by July 15, 2005 Proposed International Education Standard for Professional Accountants Competence Requirements for Audit Professionals
Service Organization Controls. Managing Risks by Obtaining a Service Auditor s Report
Service Organization Controls Managing Risks by Obtaining a Service Auditor s Report Contributing Authors Audrey Katcher, CPA/CITP, Partner at RubinBrown, LLP Janis Parthun, CPA/CITP, Sr. Technical Manager
Risks (Audit Risk Formula)
Risks (Audit Risk Formula) Component of Audit Risk Inherent risk Errors likely to occur In client s financial statements Control risk Detection risk Audit risk Errors not detected by controls Errors that
Auditing and Assurance Standards Council
Auditing and Assurance Standards Council Philippine Standard on Auditing 501 (Redrafted) AUDIT EVIDENCE SPECIFIC CONSIDERATIONS FOR SELECTED ITEMS PHILIPPINE STANDARD ON AUDITING 501 (REDRAFTED) AUDIT
Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities. Volume 1 Core Concepts Second Edition
Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities Volume 1 Core Concepts Second Edition Small and Medium Practices Committee International Federation
Inspection of Fazzari + Partners LLP Chartered Accountants (Headquartered in Vaughan, Canada) Public Company Accounting Oversight Board
1666 K Street, N.W. Washington, DC 20006 Telephone: (202) 207-9100 Facsimile: (202) 862-8433 www.pcaobus.org Inspection of Fazzari + Partners LLP (Headquartered in Vaughan, Canada) Issued by the Public
INTERNATIONAL STANDARD ON AUDITING 220 QUALITY CONTROL FOR AN AUDIT OF FINANCIAL STATEMENTS CONTENTS
INTERNATIONAL STANDARD ON 220 QUALITY CONTROL FOR AN AUDIT OF FINANCIAL STATEMENTS (Effective for audits of financial statements for periods beginning on or after December 15, 2009) CONTENTS Introduction
Auditing CPA EXAM REVIEW V 1.0
V 1.0 CPA EXAM REVIEW Auditing UPDATES AND ACADEMIC HELP Click on Community and Support at www.becker.com/cpa CUSTOMER SERVICE AND TECHNICAL SUPPORT Call 1.877.CPA. EXAM (Outside the U.S. +1.630.472.2213)
Special Considerations Audits of Group Financial Statements (Including the Work of Component Auditors)
Special Considerations---Audits of Group Financial Statements 621 AU-C Section 600 Special Considerations Audits of Group Financial Statements (Including the Work of Component Auditors) Source: SAS No.
BACKGROUND NOTE ON ACTION PLANS
BACKGROUND NOTE ON ACTION PLANS SMO Action Plans are developed by IFAC Members and Associates to demonstrate fulfillment of IFAC Statements of Membership Obligations (SMOs). SMOs require IFAC Members and
CONTENTS Part I. General provisions 1 Article 1 Scope of application 1 Article 2 Objectives 2 Article 3 Definition of terms 3 Part II.
UEFA Club Licensing and Financial Fair Play Regulations Edition 00 CONTENTS Part I. General provisions Article Scope of application Article Objectives Article 3 Definition of terms 3 Part II. UEFA Club
www.pwc.com California ISO Audit of the Financial Statements for the Year Ending December 31, 2015 December 18, 2015
www.pwc.com California ISO Audit of the Financial Statements for the Year Ending December 31, 2015 December 18, 2015 Agenda Governance and audit communications Audit strategy Audit timing Perspectives
Engagements on Attorneys Trust Accounts
Proposed Guide 19 September 2013 Comments requested by 31 October 2013 Proposed Guide for Registered Auditors Engagements on Attorneys Trust Accounts REQUEST FOR COMMENTS REQUEST FOR COMMENTS The Committee
GOVERNMENT ACCOUNTING STANDARDS ADVISORY BOARD
GOVERNMENT ACCOUNTING STANDARDS ADVISORY BOARD Preface to Indian Government Accounting Standards (IGASs) and Indian Government Financial Reporting Standards (IGFRSs) This Preface sets out the objectives
ANNEX VI MODEL TERMS OF REFERENCE FOR THE CERTIFICATE ON THE FINANCIAL STATEMENTS PART ï
'4. J ' S., --t r - i^v. ^l- ' 1 I Version of 18.11.2013 EUROPEAN COMMISSION DIRECTORATE-GENERAL FOR EDUCATION AND CULTURE Lifelong learning: higher education and international affairs Cooperation and
AMERICAN AIRLINES GROUP INC. AUDIT COMMITTEE CHARTER
AMERICAN AIRLINES GROUP INC. AUDIT COMMITTEE CHARTER As adopted by the Board of Directors on December 9, 2013 The Board of Directors (the Board ) of American Airlines Group Inc. (the Company ) hereby sets
INTERNATIONAL STANDARD ON AUDITING 200 OBJECTIVE AND GENERAL PRINCIPLES GOVERNING AN AUDIT OF FINANCIAL STATEMENTS CONTENTS
INTERNATIONAL STANDARD ON AUDITING 200 OBJECTIVE AND GENERAL PRINCIPLES GOVERNING (Effective for audits of financial statements for periods beginning on or after December 15, 2005. The Appendix contains
Data Analytics Working Group Update
Working Group Update Bob Dohrer, IAASB Member and Working Group Chair IAASB Meeting June 2015 Agenda Item 3-A Page 1 Audit Data Analytics Agenda Current Landscape What Is It? Audit Data Analytics and the
Communications Between Predecessor and Successor Auditors
Communications Between Predecessor and Successor Auditors 1711 AU Section 315 Communications Between Predecessor and Successor Auditors (Supersedes SAS No. 7.) Source: SAS No. 84; SAS No. 93. Effective
Inspection of Jewett, Schwartz, Wolfe & Associates (Headquartered in Hollywood, Florida) Public Company Accounting Oversight Board
1666 K Street, N.W. Washington, DC 20006 Telephone: (202) 207-9100 Facsimile: (202) 862-8433 www.pcaobus.org Inspection of Jewett, Schwartz, Wolfe & Associates (Headquartered in Hollywood, Florida) Issued
EXPRESSION OF INTEREST (EOI) Selection of Chartered Accountant Firm for Audit of Accounts
EXPRESSION OF INTEREST (EOI) Selection of Chartered Accountant Firm for Audit of Accounts Terms of Reference (ToRs) Relief Pakistan (RP) invites Expression of Interest (EOI) from eligible Audit Firms to
The Audit Plan for West Mercia Energy Joint Committee
The Audit Plan for West Mercia Energy Joint Committee Year ended 31 March 2015 16th February 2015 Jon Roberts Partner T 0121 232 5410 E [email protected] Andrew Davies Manager T 0121 232 5417 E [email protected]
Advanced Securities Law
READING MATERIAL Advanced Securities Law UNIT 2 Public Issues: Initial Public Offering- II ADVANCED SECURITIES LAW 2 In the previous Unit we began our study of initial public offers ( IPOs ). We looked