Isa 240
This presentation is the property of its rightful owner.
Sponsored Links
1 / 9

ISA 240 PowerPoint PPT Presentation


  • 204 Views
  • Uploaded on
  • Presentation posted in: General

ISA 240. THE AUDITOR'S RESPONSIBILITIES RELATING TO FRAUD. contents. Introduction Objectives Definitions Requirements Application and Other Explanatory Material Appendix 1: Examples of Fraud Risk Factors Appendix 2: Examples of Possible Audit Procedures

Download Presentation

ISA 240

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Isa 240

ISA 240

THE AUDITOR'S RESPONSIBILITIES RELATING TO FRAUD


Contents

contents

  • Introduction

  • Objectives

  • Definitions

  • Requirements

  • Application and Other Explanatory Material

  • Appendix 1: Examples of Fraud Risk Factors

  • Appendix 2: Examples of Possible Audit Procedures

  • Appendix 3: Examples of Circumstances that Indicate the Possibility of Fraud


Introduction

Introduction

Scope of this ISA

Characteristics of Fraud

Responsibility for the Prevention and Detection of Fraud

Responsibilities of the Auditor

Effective Date


Objectives

Objectives


Definitions

Definitions


Requirements

Requirements

Professional Skepticism

Discussion among the Engagement Team

Risk Assessment Procedures and Related Activities

Managements and Others within the Entity

Those Charged with Governance

Unusual or Unexpected Relationships Identified

Other Information

Evaluation of Fraud Risk Factors

Identification &Assessment of the RoMM Due to Fraud

Responses to the Assessed RoMM Due to Fraud

Overall Responses

Audit Procedures Responsive to Assessed RoMM Due to Fraud at the Assertion Level

Audit Procedures Responsive to Risks Related to Management Override of Controls

Evaluation of Audit Evidence

Auditor Unable to Continue the Engagement

Written Representations

Communications to Mgmt& with Those Charged with Govern

Communications to Regulatory and Enforcement Authorities

Documentation


Applications other explanatory material

Applications & Other Explanatory Material

Characteristics of Fraud

Professional Skepticism

Discussion among the Engagement Team

Risk Assessment Procedures and Related Activities

Identification and Assessment of the RoMM Due to Fraud

Responses to the Assessed RoMM Due to Fraud

Evaluation of Audit Evidence

Auditor Unable to Continue the Engagement

Written Representations

Communications to Mgmt & t Those Charged with Governance

Communications to Regulatory and Enforcement Authorities


Requirements applications

Requirements Applications

Characteristics of Fraud

Professional Skepticism

Discussion among the

Risk Assessment Procedures and

Identification and Assess of RoMM

Responses to the Assessed RoMM

Evaluation of Audit Evidence

Auditor Unable to Continue

Written Representations

Communications to Mgmt &

Communications to Regulatory

Professional Skepticism

Discussion among the Engagement Team

Risk Assessment Procedures and Related Activities

Managements and Others within the Those Charged with Governance

Unusual or Unexpected Relationships

Other Information

Evaluation of Fraud Risk Factors

Identification &Assessment of the RoMM Due to F

Responses to the Assessed RoMM Due to Fraud

Overall Responses

Audit Procedures Responsive to Assessed RoMM Due to Fraud at the Assertion Level

Audit Procedures Responsive to Risks to Management Override of Controls

Evaluation of Audit Evidence

Auditor Unable to Continue the Engagement

Written Representations

Communications to Mgmt& Govern

Communications to Regulatory & Enforce Auth

Documentation


  • Login