May June 2021
Test of Controls: Effective Methodology to Improve Audit Fieldwork Efficiency (Part 1)
May 10, 2021
TECHNICAL

Test of Controls: Effective Methodology to Improve Audit Fieldwork Efficiency (Part 1)

What is a test of controls (TOC)? Why is there a need to perform TOC and how can it help in improving audit efficiency?

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1 day ago
Continuing Professional Education: What You Need to Know
May 07, 2021
DRIVING VALUE

Continuing Professional Education: What You Need to Know

The coronavirus pandemic has indeed affected many of us. It was challenging when the pandemic struck, and in the transitioning period, we strived to adapt to the new normal in many aspects of our daily routine.

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4 days ago
Practice Review’s Key Findings on Acceptance and Continuance of Client Relationships and Specific Engagements
May 04, 2021
TECHNICAL

Practice Review’s Key Findings on Acceptance and Continuance of Client Relationships and Specific Engagements

The following are some of the key findings from practice review related to the audit firm’s implementation of one of the elements of quality control (ISQC 1), which is “client acceptance and continuance relationships”.

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7 days ago