ISAs

Question 1

ISA 200?

Answer 1

overall objectives of the independent auditor

Question 2

ISA 500?

Answer 2

explains what constitutes audit evidence in the audits of financial statements

Question 3

ICAEW code of ethics?

Answer 3

• integrity
• objectivity
• confidentiality
• professional competence & due care
• professional behaviour

Question 4

ISA210?

Answer 4

agreeing the terms of audit engagements

Question 5

ISA220?

Answer 5

quality management for an audit of FSs

Question 6

ISRE2400?

Answer 6

engagements to review historical financial statements

Question 7

ISAE3400

Answer 7

the examination of prospective financial information

Question 8

ISA260?

Answer 8

communication with those charged with governance

Question 9

ISA265?

Answer 9

communicating deficiencies in internal control to those charged with governance

Question 10

ISA300?

Answer 10

planning an audit of FS

Question 11

ISA315?

Answer 11

identifying & assessing the risks of material misstatement

Question 12

ISA320?

Answer 12

materiality in planning and performing an audit

Question 13

ISA330?

Answer 13

auditor’s responses to assessed risks

Question 14

ISA402?

Answer 14

audit considerations relating to an entity using service organisations

Question 15

ISA450?

Answer 15

evaluation of misstatements identified during an audit

Question 16

ISA500?

Answer 16

audit evidence

Question 17

ISA520?

Answer 17

analytical procedures

Question 18

ISA530?

Answer 18

audit sampling

Question 19

ISA540?

Answer 19

auditing accounting estimates and related disclosures

Question 20

ISA550?

Answer 20

related parties

Question 21

ISA560?

Answer 21

subsequent events

Question 22

ISA570?

Answer 22

going concern

Question 23

ISA580?

Answer 23

written representations

Question 24

ISA610?

Answer 24

using the work of internal auditors

Question 25

ISA620?

Answer 25

using the work of an auditor’s expert

Question 26

ISA700?

Answer 26

forming an opinion and reporting on the FS

Question 27

ISA701?

Answer 27

communicating key audit matters in the independent auditor’s report

Question 28

ISA705?

Answer 28

modifications to the opinion in the independent auditor’s report

Question 29

ISA706?

Answer 29

emphasis of matter and other matter paragraphs in the independent auditor’s report

Question 30

ISA710?

Answer 30

comparative figures and comparative FS

Question 31

ISA720?

Answer 31

the auditor’s responsibilities relating to other information