Auditing Case Study

Auditing Case study

EXECUTIVES SUMMARY
The report includes the concept and importance of Key audit matter as there are consider
to be those matter which are described by auditor while auditing annual financial statements. The
respective report also summarise the effectiveness of new auditing standard in the meanwhile
that gives more transparency and better results to user. The statement of all KAM in the
investigator document must consider a remark to the accompanying disclosure that are either
listed in financial statements.

Table of Contents
EXECUTIVES SUMMARY ..........................................................................................................2
INTRODUCTION...........................................................................................................................2
TASK ..............................................................................................................................................2
New Auditing standard ASA 701 ..............................................................................................2
CONCLUSION ...............................................................................................................................8
REFERENCES ...............................................................................................................................9
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