Afrik Audit & Consulting SA – Cost and management Accounting for R&D
SA 300 - PLANNING AN AUDIT OF FINANCIAL STATEMENTS · Qga gay SA 315 CHART AVAILABLE ON TELEGRAM -...
Transcript of SA 300 - PLANNING AN AUDIT OF FINANCIAL STATEMENTS · Qga gay SA 315 CHART AVAILABLE ON TELEGRAM -...
![Page 1: SA 300 - PLANNING AN AUDIT OF FINANCIAL STATEMENTS · Qga gay SA 315 CHART AVAILABLE ON TELEGRAM - AUDIT WITH KAPIL Sk.krnen£ h q ANO 8 Detection Assu4ö1 Qhd Vnvóønment7 ŒnhoL](https://reader031.fdocuments.us/reader031/viewer/2022013022/5f7a4eba430af9648d112ffb/html5/thumbnails/1.jpg)
SA 300 - PLANNING AN AUDIT OF FINANCIAL STATEMENTS
1. Preliminary engagement activities
Perform Procedure per SA 1- Engagement Terms as per SA 2102- Client acceptance and continuance SA 2203- Independence SA 220
2. Planning activities- Develop Audit Strategy
1- Results of preliminary engagement activities
2- Nature and scope of engagement
3- Reporting Objective
4- Discuss Significant matters
5- knowledge of other entity
6- Ascertain the NTE of Procedure
3. Planning activities- Develop Audit Plan
NTE as per SA 315 of
1- Planned Risk Assessment 2- Further Audit Procedure 3- Other Audit Procedure as per other SA
4. Execution Stage
1- Update Audit Plan as necessary during the course of Audit
2- Plan NTE of Direction, Supervision and Review of team members
5. Documentation
1- Audit Strategy2- Audit Plan3- Changes in Strategy and Plan
Initial Audit
1- All the above points 2- Communication with predecessor auditor
![Page 2: SA 300 - PLANNING AN AUDIT OF FINANCIAL STATEMENTS · Qga gay SA 315 CHART AVAILABLE ON TELEGRAM - AUDIT WITH KAPIL Sk.krnen£ h q ANO 8 Detection Assu4ö1 Qhd Vnvóønment7 ŒnhoL](https://reader031.fdocuments.us/reader031/viewer/2022013022/5f7a4eba430af9648d112ffb/html5/thumbnails/2.jpg)
![Page 3: SA 300 - PLANNING AN AUDIT OF FINANCIAL STATEMENTS · Qga gay SA 315 CHART AVAILABLE ON TELEGRAM - AUDIT WITH KAPIL Sk.krnen£ h q ANO 8 Detection Assu4ö1 Qhd Vnvóønment7 ŒnhoL](https://reader031.fdocuments.us/reader031/viewer/2022013022/5f7a4eba430af9648d112ffb/html5/thumbnails/3.jpg)
^��ϯϮϬ��ƵĚŝƚ�DĂƚĞƌŝĂůŝƚLJ��LJ����<ĂƉŝů�'ŽLJĂů
![Page 4: SA 300 - PLANNING AN AUDIT OF FINANCIAL STATEMENTS · Qga gay SA 315 CHART AVAILABLE ON TELEGRAM - AUDIT WITH KAPIL Sk.krnen£ h q ANO 8 Detection Assu4ö1 Qhd Vnvóønment7 ŒnhoL](https://reader031.fdocuments.us/reader031/viewer/2022013022/5f7a4eba430af9648d112ffb/html5/thumbnails/4.jpg)
![Page 5: SA 300 - PLANNING AN AUDIT OF FINANCIAL STATEMENTS · Qga gay SA 315 CHART AVAILABLE ON TELEGRAM - AUDIT WITH KAPIL Sk.krnen£ h q ANO 8 Detection Assu4ö1 Qhd Vnvóønment7 ŒnhoL](https://reader031.fdocuments.us/reader031/viewer/2022013022/5f7a4eba430af9648d112ffb/html5/thumbnails/5.jpg)
^��ϯϯϬ�d,���h�/dKZ�Z�^WKE^��dK��^^�^^���Z/^<
![Page 6: SA 300 - PLANNING AN AUDIT OF FINANCIAL STATEMENTS · Qga gay SA 315 CHART AVAILABLE ON TELEGRAM - AUDIT WITH KAPIL Sk.krnen£ h q ANO 8 Detection Assu4ö1 Qhd Vnvóønment7 ŒnhoL](https://reader031.fdocuments.us/reader031/viewer/2022013022/5f7a4eba430af9648d112ffb/html5/thumbnails/6.jpg)