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Recent Documents 67 Industry Overview - Communication Hits eAudIT (INTL)

eAudIT Industry IN 16 Overviews TL Apr 2011

Industry Overview - Communication - eAudIT (INTL) ---

Industry Overview for eAudIT - Communication - eAudIT (INTL)

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ALexIDanchors_FloatingDivContentInner April 2011 The Industry Overview has three core components: A) Business overview B) Accounting policies C) Audit approach These are summarized in the table below to show how they link together. A number of business and audit issues common to many industries are documented in the General Cross Industry Overview and so are not repeated here unless there is an industry specific perspective added. This document should therefore be read in conjunction with relevant sections of the General Cross Industry Overview. Summary The summary table illustrates relationships that may exist among the business issues, accounting policies/ standards and audit issues. It is not intended to imply that there is automatically a direct or exclusive link between each item as, for example, other accounting standards (listed elsewhere in the table or not listed) may be relevant in certain circumstances to a given business issue or audit issue. Similarly, a business issue may encompass a wider scope than the audit issue that is linked to it in the table, or vice versa. It does not include cross references to business or audit issues that are addressed in the General Cross Industry Overview. Business overview: Key industry issues Relevant accounting Audit approach:Audit issues policies and standards Revenue - IAS 18 Revenue arrangements with multiple deliverables - EITF Revenue recognition - bundled and prepaid service packages

Bundled and prepaid service packages Prepaid packages

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