CONSIDERATIONS OF SPECIFIC ITEMS IN AN AUDIT (ISA 501), EXTERNAL CONFIRMATIONS (ISA 505) AND INITIAL AUDIT ENGAGEMENTS (ISA 510)

This webinar examines the role of Auditors for detection of Fraud and Errors. It deals with the requirements of ISA 240 and the revised role…

The audit of assets is a critical area in the audit of financial statements as it involves key resources of a business. As such, auditors…

Analytical Procedures have been part of the audit process for decades, but many auditors fail to understand their objectives or how these procedures should be…

Auditors play a crucial role during the audit finalization and completion stage to ensure that all key matters and procedures are properly addressed and ...

The objective of the auditor is to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement, through appropriately responding to the risks…

The financial reporting framework for small and medium enterprises (SMEs) over the past few years have seen more frequent use of estimations used in measurement…

With a view to bringing a modern and holistic approach to quality, ISQM 1 requires the firm to perform a Risk Assessment Process to identify…

Inland Revenue Board (IRB) has increased its efforts to increase revenue and to make taxpayers more compliant and therefore have been issuing notices and assessments

Over the years, the authorities have continued to monitor, review and refine its strategies in light of the developments and circumstances that affect its surveillance…

The Quality Control Standard, ISQC 1 has been implemented since 2006 for firms that perform Audits and Reviews of Financial Statements and Other Assurance and…

The deadline for the design and implementation of a firm’s system of quality management (SQM) under ISQM 1 of 15 December 2022 is fast approaching.…

The Auditor’s Report is the auditor’s primary means of communication with an entity’s stakeholders as such, it has to be meaningful and ...

The corner stone of an efficient and effective audit is the planning stage, which unfortunately have been overlooked by public practitioners over the years. This…

Professional and technical competency is one of the corner stone of the audit profession. As adequate job knowledge is vital for any audit staff to…

Professional and technical competency is one of the corner stone of the audit profession. As adequate job knowledge is vital for any audit staff to…

Professional and technical competency is one of the corner stone of the audit profession As adequate job knowledge is vital for any audit staff to…

Professional and technical competency is one of the corner stone of the audit profession As adequate job knowledge is vital for any audit staff to…

One of the standard that saw significant changes when the Clarified Standards were issued is ISA 600 on the auditor’s responsibility for group financial statements,…

Auditors shall design and perform audit procedures in such a way as to enable the auditor to obtain sufficient appropriate audit evidence to be able…