Are auditors ready for 2021? Louise Sharp of ICAEW offers some insights into what will be coming up in audit and how to prepare.
Root cause analysis is starting to make its way up the audit agenda. Julia Penny of JS Penny Consulting shares some insights on what’s involved and how to get the most from it, including numerous resources and practical examples to consider.
A rundown of the latest resources from the Audit and Assurance Faculty, including know-how guides on auditor reporting, letters of support and thought leadership essays on the future of audit.
The revised ISA 540 applies to all accounting estimates. Auditors need to be aware of the main changes and ensure that documentation is adequate, says Miriam Hanley of Menzies. She looks at enhancements, practical steps and actions to take, as well as …
Auditors can turn weakness into strength by identifying areas of documentation that require improvement, and taking practical pointers from examples of good practice .