Page 27 - DCOM509_ADVANCED_AUDITING

Advanced Auditing

Notes
10. 315 Understanding the Entity and Its The Exposure Draft of the
Environment and Assessing the proposed AAS is under
Risks of Material Misstatement reconsideration of the Board
11. 320 Audit Materiality 13 Audit Materiality
12. 330 The Auditor’s Procedures In The Exposure Draft of the
Response to Assessed Risks proposed
AAS is under reconsideration
of the Board
400 Risk Assessments and Internal 06 Risk Assessments and
Control Internal
(withdrawn pursuant to issuance of Control
ISA 315 and 330)
401 Auditing in a Computer 29 Auditing in a Computer
Information Systems Information Systems
Environment Environment.
(withdrawn pursuant to issuance of
ISA 315 and 330)
13. 402 Audit Considerations Relating to 24 Audit Considerations
Entities Using Service Relating to Entities Using
Organizations Service Organisations
14. 500 Audit Evidence 05 Audit Evidence
15. 501 Audit Evidence – Additional 34 Audit Evidence –
Considerations for Specific Items Additional Considerations
for Specific Items
16. 505 External Confirmations 30 External Confirmations
17. 510 Initial Engagements- Opening 22 Initial Engagements-
Balances Opening
Balances
18. 520 Analytical Procedures 14 Analytical Procedures
19. 530 Audit Sampling and Other Means 15 Audit Sampling
of Testing
20. 540 Audit of Accounting Estimates 18 Audit of Accounting
Estimates
21. 545 Auditing Fair Value The Board has constituted a
Measurements and Disclosures study group for the project.
22. 550 Related Parties 23 Related Parties
23. 560 Subsequent Events 19 Subsequent Events
The Board has already
undertaken the revision of
AAS 19.
24. 570 Going Concern 16 Going Concern
25. 580 Management Representations 11 Representations by
Management
26. 600 Using the Work of Another 10 Using the Work of Another
Auditor Auditor
27. 610 Considering the Work of Internal 07 Relying Upon the Work of
Contd....
Audit Internal Auditor

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