أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
ISA Planning requires auditors to plan the audit to ensure that attention is paid to the correct areas on the audit, and the work is carried out in an effective manner. ISA Understanding the entity and its environment of the entity and its environment and assessing the risks of material misstatement states that ' the auditor should obtain an understanding of the entity and its environment,including its internal control, sufficient to identify and assess the risks of material misstatement of the financial statements whether due to fraud or error, sufficient to design and perform further audit procedures'.
The standard sets out methods by which the auditors may obtain this understanding for the new client;
* Inquiries of management and others within the entity
* Analytical procedures
* Observation and inspection etc.
The ISA also sets out a number of areas of the entity and its environment that the auditor should gain an understanding of.
* Nature of the entity
* Industry, regulatory and other factors
* Objectives, strategies and relating business risks
* Internal control and
* Measurement and review of the new client performance.
make an inquiry about the client and know the industry and try to understand the whole internal control system
