This report highlights the major steps in audit planning for small entities, including materiality determination and preliminary analytical review. It also suggests audit procedures for critical accounts such as sales, interest expenses, and depreciation. Fraud risk analysis is recommended for all clients, including trustworthy ones.

Audit planning for small entities, including materiality determination, critical account audit procedures, fraud risk analysis, and accounting standards.

Audit Planning for Small Entities: Steps, Materiality and Analytical Review

This report discusses the audit planning and risk analysis for Axolotl Enterprises, including the identification of critical accounts, materiality level determination, common size income statement analysis, and steps to be taken by auditors. It also emphasizes the importance of fraud risk analysis in auditing.

Hartpury University and Hartpury College

Data Science and Big Data

Audit Planning and Risk Analysis for Axolotl Enterprises

This report discusses the audit planning for Amazonite Enterprises, including the determination of materiality level, preliminary analytical review, audit assertions and risks, and audit procedures. The report also highlights the importance of maintaining professional skepticism and conducting fraud risk analysis for all clients.

Audit Planning Report for Amazonite Enterprises

This audit planning report highlights the key and critical accounts of Carmine Enterprises that need assessment by auditors. It also mentions how to determine materiality and examines the possibility of fraud in the organization through fraud risk analysis.

Business Development

Audit Planning Report on Carmine Enterprises

This report provides an audit plan for Chartreuse Enterprises, including materiality calculation, analytical review, and fraud risk analysis. The report highlights significant audit accounts and suggests audit procedures for each. The fraud risk analysis covers areas such as superannuation expenses, repairs and maintenance, and interest expenses.

Audit Plan for Chartreuse Enterprises: Materiality, Analytical Review, and Fraud Risk Analysis

This article is an auditing and professional practice assignment prepared by Desklib. It covers topics like audit planning, materiality level, preliminary analytical review, audit risk, and fraud risk analysis. The article also provides insights on critical accounts that need immediate audit attention and the steps to be employed by the auditor in checking the books of accounts.

Auditing and Professional Practice Assignment

This report is an audit planning report for Cadmium Enterprises. It includes the identification of critical accounts, risks, key assertions, and audit procedures for the entity. The report also highlights the fraud risk analysis and recommendations for the given client. The report has been prepared using preliminary analytical review and includes a determination of materiality for the entity.

Audit Planning for Small Entities: Steps, Materiality and Analytical Review

About This Document