Tagged: Standards on Auditing

Before You Accept 0

Before You Accept……………..

CA Goodbrother is a newly qualified Chartered Accountant . Realising that he was not cut out for the tribulations of a job he decided to set-up his own firm and start his practice. For...

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In the Archives……

In order to explain the importance of documenting audit evidence Vijay’s friend narrated a particular instance. “CA Kingmaker was a practicing chartered accountant who was the statutory auditor of Queen Ltd a listed company....

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Did you gather it right (contd)…….??

2.) Sufficiency of Audit Evidence refers to the quantum of audit evidence required to satisfy the auditor of the existence of  insignificant (or zero) level of  risk of material mis-statement. It is  influenced by...

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Did you gather it right ……..??

Having gained an overview of what audit was Vijay started for work. Before he could start his work his senior came to him and asked him what all evidences he had planned to gather...