Other Audits - created from Mind Map

Page 1

Audit for public sector

Review Engagement

Auditor-General

Specific considerations

Independence (Normally Auditor-General cannot decline engagement)

Engagement planning and performance

Accounting Standards

Legislations

Concept of materiality might be different

Engagement reporting

statutory report (misnister, treasurer)

Report to Parliament

Reasons

Key differences

Appropriate standards

Law might only requires limited assurance

Non-listed comp users satisfited with review

Potential investors

Government public sector applies for grant

Small subsidiaries

Level of assurance

Assurance practitioner not auditor : IRSE2400

Assurance practitioner= auditor : IRSE2410

Enquiries

Analytical Procedures

Other review procedures

Conducting review procedures

Leveraging the work