Australian audit manual and toolkit 2017 : for small and medium sized entities / by Chartered Accountants Australia and New ZealandPublisher: Pyrmont, NSW : Thomson Reuters (Professional) Australia, 2017Description: xxxiv, 706 p. : ill. ; 24 cm + CD ROM.ISBN: 9780864699107.Subject(s): SMEs | Auditing | Auditing standards | Australia | Small and medium enterprises
|Item type||Home library||Collection||Call number||Status||Date due||Barcode||Item reserves|
|Book||Australia||500.7 INS 2017 (Browse shelf)||Not for loan||CA009794|
|Book||Australia||500.7 INS 2017 (Browse shelf)||Not for loan||CA012529|
|Book||Australia||500.7 INS 2017 (Browse shelf)||Issued Not for loan||16/03/2020||CA012528|
|Book||Australia||Reference||REF 500.7 INS 2017 (Browse shelf)||Not For Loan||CA012527|
|Book||New Zealand||500.7 AUS 2017 (Browse shelf)||Not for loan||CA009662|
|Reference||New Zealand||R500.7 AUS 2017 (Browse shelf)||Not For Loan||CA009663|
CORE CONCEPTS: 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. PRACTICAL GUIDANCE: Introduction to the case studies -- 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 engagements in small and medium sized entities. Includes case studies in applying auditing standards and a toolkit containing commonly used templates, forms and checklists.