Australian audit manual and toolkit 2014 : for small and medium sized entitiesPublisher: Sydney : Thomson Reuters (Professional) Australia, 2014Description: xxxii, 688 p. : ill. ; 24 cm. + CD Rom.ISBN: 9780864608574.Subject(s): Small and medium enterprises | SMEs | Auditing standards | Australia
|Item type||Home library||Call number||Status||Date due||Barcode||Item reserves|
|Book||Australia||SYD00925716 #500.7 INS 2014 (Browse shelf)||Not For Loan (Restricted Access)||30005038|
|Book||New Zealand||500 AUS (Browse shelf)||Not for loan||CA008445|
PART A: Ethics, ASAs and quality control -- The risk-based audit - overview -- Internal control - purpose and components -- Financial report assertions -- Materiality and audit risk -- Risk assessment procedures -- Responding to assessed risks -- Further audit procedures -- Accounting estimates -- Related parties -- Subsequent events -- Going concern -- Summary of other ASA requirements -- Audit documentation -- Forming an opinion on a financial report. PART B: Risk assessment overview -- Engagement acceptance and continuance -- Overall audit strategy -- Determining and using materiality -- Audit team discussions -- Inherent risks - identification -- Inherent risks - assessment -- Significant risks -- Understanding internal control -- Evaluating internal control -- Communicating deficiencies in internal control -- Concluding the risk assessment phase -- Risk response - an overview -- The responsive audit plan -- Determining the extent of testing -- Documenting work performed -- Written representations -- Reporting - overview -- Evaluating audit evidence -- Communicating with those charged with governance -- Modifications to the auditor's report -- Emphasis of Matter and Other Matter paragraphs -- Comparative information. APPENDIX: New and revised auditing standards and guidance statements.
Provides practical guidance to practitioners conducting audit engagement in small and medium sized entities. Includes new and updated material and tools (on CD) that are user-friendly. Contains a new case study for a not-for-profit entity.