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aCOWtancy — 500 episodes · page 5 of 5
getting information for process software
exponential smoothing
flexible budgets explained
Other matters paragraph
Emphasis of matter
Evidence for outsourced activities
Service organisations
Factors to consider when outsourcing
Forensic accounting
PFI work
Qualifying a PFI report
What sort of assurance should the auditor offer?
Forecasts
Listed companies and PFI
Related party responsibilities and risk
Don't forget their cost!
Business risks and audit risk
Why plan you big fat cow?
Strategy and plans
Watch the video bad boy
Tender document
Why are we being asked
Why audit fees should fall generally
Fees
Engagement quality control reviewer
Limiting auditors liability
Withdraw from the engagement
Communicating fraud
Audit approach
Those charged with governance procedure
Safeguards
Where does the ethical code come from
Money laundering main offences
FATF
Fact sheet 145
ISAs
IFAC
Regulating our profession
Contents of an engagement letter
Engagement letters in general
Procedures when offered an audit
Preconditions for an audit
Reporting internal control deficiencies
Testing the internal control system
Documenting internal control systems
How to get to know the internal control system
Internal controls in general
Operational internal audits
Financial audit
Audit of IT systems
Value for money audits
Disadvantages of outsourcing
Advantages if outsourcing
Outsourcing internal audit
Why internal audit might not be effective
How to make internal audit effective
Internal v external
What is internal audit
Modifications
Modified audit reports
Audit reports and opinions
Audit procedures
Auditor responsibility
Management responsibilities
Professional scepticism
Audit procedures on fraud
Auditor responsibility on fraud
Understanding the entity
Practical uses of materiality
Analytical procedures at the planning stage
How to make an audit strategy
Audit strategy introduction
Planning process
Planning objectives
Audit risk in general
Why plan
Substantive procedures
Tests of control
Procedures when using internal audit
Using internal audit
Procedures
The problem with estimates
Auditors responsibility
Management responsibility
Purpose of a final review
What happens in the final review
Quality and reliability
How reps are obtained
Why have written representations
Written representations definition
Going concern indicators
Going concern review procedures
Auditors responsibilities
Directors responsibilities
Going concern and the financial statements
Going concern challenges
What if opening balances unaudited by us?