Areas / matters where Professional Judgement is used by the External Auditor are :
1. When calculating materiality at the start of the audit
2. When audit risk is assessed
3. Nature, timing & extent of audit procedures to be performed to obtain audit evidence.
4. When evaluating whether S.A.A.E has been obtained & what further procedures are needed to achieve the overall objectives of the external audit.
5. When drawing conclusions based on the evidence obtained e.g. [...] made by management in preparing the accounts.
Areas / matters where Professional Judgement is used by the External Auditor are :
1. When calculating materiality at the start of the audit
2. When audit risk is assessed
3. Nature, timing & extent of audit procedures to be performed to obtain audit evidence.
4. When evaluating whether S.A.A.E has been obtained & what further procedures are needed to achieve the overall objectives of the external audit.
5. When drawing conclusions based on the evidence obtained e.g. [...] made by management in preparing the accounts.
Areas / matters where Professional Judgement is used by the External Auditor are :
1. When calculating materiality at the start of the audit
2. When audit risk is assessed
3. Nature, timing & extent of audit procedures to be performed to obtain audit evidence.
4. When evaluating whether S.A.A.E has been obtained & what further procedures are needed to achieve the overall objectives of the external audit.
5. When drawing conclusions based on the evidence obtained e.g. [...] made by management in preparing the accounts.
| status | not learned | measured difficulty | 37% [default] | last interval [days] | |||
|---|---|---|---|---|---|---|---|
| repetition number in this series | 0 | memorised on | scheduled repetition | ||||
| scheduled repetition interval | last repetition or drill |