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As per the requirements of ISA 501, if inventory is material to the financial statements, the auditor shall obtain sufficient appropriat...

Growth in consultancy among the Big Four is outpacing their traditional tax and audit services, while the firms are also outperforming m...

As a man was passing by the elephants, he suddenly stopped, confused by the fact that these huge creatures were being held by only a sma...

Audit-is-cool is pleased to accumulate and provide its readers with the news on audit and related topics: September 21, 20...

The Financial Reporting Council is the UK’s independent regulator responsible for promoting high quality corporate governance. It recent...

A written statement by management provided to the auditor to confirm certain matters or to support other audit evidence. Written represe...

Audit-is-cool is pleased to accumulate and provide its readers with the news on audit and related topics: September 10, 20...