AAT L4 External Audit

AAT L4 External Audit

1. "In their opinion ..."

   • "True and fair view"
     • Reasonable assurance
   • "Properly prepared"

2. Materiality

   • Maximum amount of error auditors willing to accept

3. Auditing Standards

   • IAASB - International Auditing & Assurance Standards Board
     • International Standards on Auditing (ISAs)
       • Auditing Practices Board
         • ISA (UK & Ireland)