Audit firms should comply with all relevant International Standards on Auditing (ISAs) when carrying out their Audit engagements of Financial Statements.Our AUDITS.Coach is a fully automated digital system that takes you step by step thoughout all stages of an Audit engagement ensuring that your engagement work complies with all relevant ISAs
An aided checklist to decide whether to accept or renew the business relationship with your client
Understand your client and its circumstances in order to identify areas of a risk misstatement in the Financial Statements
Calculate the materiality to be used within your audit engagement testing and analytical procedures
Set out your strategy and plan ahead on how to carry out your audit engagement
Carry out risk assessment to identify areas of a likely misstatement on the Financial Statements
Test controls and carry out analytical procedures to reduce the risk of mistatements on the Financiai Statements
Auditor's report is the conclusion of the auditor as to whether there is any misstatement on the Finnacial Statements
The client's audit file and all relevant documentation are retained and are available for any future monitoring visits
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