skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

Assurance issues

CA Magazine, 2008-11, Vol.141 (9), p.49

Copyright CANADIAN INSTITUTE OF CHARTERED ACCOUNTANTS Nov 2008 ;ISSN: 0317-6878 ;CODEN: CAMADJ

Full text available

Citations Cited by
  • Title:
    Assurance issues
  • Author: Ng, Chi Ho
  • Subjects: Accounting policies ; Accounting systems ; Annual reports ; Assurance services ; Audit committees ; Audited financial statements ; Auditors ; Earnings per share ; Fair value ; Financial statements ; Fraud ; Handbooks ; International Financial Reporting Standards ; Management Discussion & Analysis ; Professional responsibilities ; Stock prices
  • Is Part Of: CA Magazine, 2008-11, Vol.141 (9), p.49
  • Description: As Canada moves toward international financial reporting standards (IFRS), entities switching to IFRS will want to decrease the likelihood of big surprises and auditors will play a significant role in helping them achieve this objective. The auditor's responsibilities with regards to information in the MD&A primarily consists of identifying inconsistencies between the information in the MD&A and the audited financial statements, identifying misstatements of fact and communicating unresolved matters if inconsistencies and/or misstatements of fact are identified. Given that the accounting policies are subject to change, the auditor will need to consider whether to accept an engagement to provide assurance on internal IFRS financial statements in advance of the audit of the company's first complete set of financial statements in 2011. In addition to the audit acceptance considerations, the auditor would have to consider unique issues when providing early assurance on the internal IFRS financial statements, including: 1. Risk of error, 2. Fraud considerations, 3. Analytical procedures, and 4. Reporting.
  • Publisher: Toronto: CANADIAN INSTITUTE OF CHARTERED ACCOUNTANTS
  • Language: English
  • Identifier: ISSN: 0317-6878
    CODEN: CAMADJ
  • Source: AUTh Library subscriptions: ProQuest Central
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait