Audit completion: the common pitfalls

Managing Editor
Share this content

This is the first of two articles and relates to the completion of the external audit because this is an area that is prone to oversight, sometimes due to fee pressure or misunderstanding of the clarified International Standards on Auditing (UK and Ireland) ISAs, explains Steve Collings.

This article aims to flag up a few of the common pitfalls that practitioners may encounter with the intention of making audit files stand a better chance of successful review. The next article will focus on audit planning.

Register with AccountingWEB for free to read the rest of the article, which includes:

  • Going concern
  • Analytical procedures
  • Written representations
  • Subsequent events
  • Audit documentation and file completion
  • Prior period not audited
  • Conclusion

Please Login or Register to read the full article


Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.