This article discusses the key audit matters disclosed by different audit firms for various companies. It highlights the areas of focus and steps taken by auditors to mitigate risks. The companies discussed include Big W, Myer, Kogan, Harvey Norman, and Byte Power. The article also mentions the importance of key audit matters and how they can help users make informed investment decisions.

Changes in Auditors Reporting on Listed Entity Audit Reports

Comparing the impact of new auditing standard ASA/ISA 701 on audit reports of listed entities and analyzing the common 'Key Audit Matters' (KAMs) disclosed in the audit reports of five companies within a specific industry in Australia.

This article discusses the key audit matters disclosed by different audit firms for various companies. It highlights the areas of focus and steps taken by auditors to mitigate risks.

Key Audit Matters Disclosed by Different Audit Firms - Desklib

Key Audit Matters Disclosed by Different Audit Firms

This audit assignment discusses the key audit assertions and procedures for inventories and intellectual property rights. It covers topics such as valuation, rights and obligations, and substantive audit procedures. The assignment also mentions the importance of stating key audit matters in the audit report as per ASA 701.

Audit Assignment: Key Audit Assertions and Procedures for Inventories and Intellectual Property Rights

Political Science

ASA 701 Auditing  Assignment

This audit assignment discusses the key assertions and substantive audit procedures for inventories and intellectual property assets. It covers topics such as valuation, rights and obligations, and requirements of auditing standard ASA 701.

Business Development

Professional Development

Audit Assignment: Key Assertions and Substantive Audit Procedures for Inventories and Intellectual Property Assets

This audit assignment discusses the importance of presenting key audit matters in the audit report and how it can enhance the quality of the audit. It analyzes the changes in the audit report and the advantages and loopholes of the new idea. The report concludes with recommendations for companies to follow such steps that can help them in improving their position in front of their stakeholders.

Enhanced Audit Reporting: Communicating Key Audit Matters in the Independent Auditor’s Report

This report reflects the key information given in the audit report and responsibilities of the auditors. The audit report analysis, structure and responsibilities of the auditors have been analyzed in this report. The company selected for the case study purpose is Harvey Norman Holdings Limited and auditor’s independence and their responsibilities have been analysed to determine the key information about the company.

Hartpury University and Hartpury College

Audit Report Analysis of Harvey Norman Holdings Limited

The report is designed to provide an idea about the responsibilities of an auditor to perform the audit of the given case. The report has the two cases one on Advanced Computer Software Ltd. And Green Manufacture Ltd. The report has discussed the key audit matters that is being addressed by the auditor. The analytical procedure performed by the auditor to assess the risk and how the matter shall be addressed.

Key Audit Matters Disclosed by Different Audit Firms

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Audit Assignment: Key Audit Assertions and Procedures for Inventories and Intellectual Property Rights

ASA 701 Auditing Assignment

Audit Assignment: Key Assertions and Substantive Audit Procedures for Inventories and Intellectual Property Assets

Enhanced Audit Reporting: Communicating Key Audit Matters in the Independent Auditor’s Report

Audit Report Analysis of Harvey Norman Holdings Limited

Audit and Assurance in Australia

Key Audit Matters Disclosed by Different Audit Firms

End of preview

Audit Assignment: Key Audit Assertions and Procedures for Inventories and Intellectual Property Rightslg...

ASA 701 Auditing Assignmentlg...

Audit Assignment: Key Assertions and Substantive Audit Procedures for Inventories and Intellectual Property Assetslg...

Enhanced Audit Reporting: Communicating Key Audit Matters in the Independent Auditor’s Reportlg...

Audit Report Analysis of Harvey Norman Holdings Limitedlg...

Audit and Assurance in Australialg...

Audit Assignment: Key Audit Assertions and Procedures for Inventories and Intellectual Property Rights

ASA 701 Auditing Assignment

Audit Assignment: Key Assertions and Substantive Audit Procedures for Inventories and Intellectual Property Assets

Enhanced Audit Reporting: Communicating Key Audit Matters in the Independent Auditor’s Report

Audit Report Analysis of Harvey Norman Holdings Limited

Audit and Assurance in Australia