Ch01

ISA 250 laws and regulation

本 身 是 management’s responsibility ， 如 果 auditors 发 现 non-compliance with laws and
regulation，要先 evaluate the impact on f/s，再 report to management or higher

Ch02 Ethics
Code of Ethics （全称 IESBA’s International Code of Ethics for Professional Accountants）
五 个 fundamental principles ： integrity, objectivity, professional competence & due care,
confidentiality, professional behavior
五个 threats：self-interest, self-review, advocacy, familiarity, intimidation

Ch03 Fraud
ISA 240 Fraud

Ch04 Quality Control

ISQC 1

Ch06 Planning and Risk Assessment

Approach to audit risk:
ISA 300 planning
ISA 315 identify and assess RoMM
ISA 330 response to assessed risks

ISA 320 Materiality

Formula: 0.5%-1% of revenue, 1%-2% of total assets, 5%-10% of profit before tax

ISA 520 Analytical Procedures

可以用于 risk assessment (ISA 315), 也可作为 substantive procedure 的 evidence，可以用
于 overall review when completion

Ch07 Evidence
ISA 500 Audit Evidence
要 sufficient & appropriate
Assertions: ACCA COVER+P
Procedures: AEIOU

ISA 530 Audit Sampling

ISA 510 Initial Audit Engagements – Opening Balances

有针对 opening balance 的 procedures，以确保 opening balance 跟 prior year 能对上，且
accounting policies appropriate

ISA 620 Use the work of an auditor’s expert

ISA 610 Use the work of internal auditors

考虑 objective, competence, 不能让他们做 judgement 这种主观判断

ISA 550 Related Parties (基于 IAS 24)

有 procedures

ISA 402 Outsourcing and use of service organizations

被审计单位外包了工作，对 audit planning 有影响

Ch08 Matters relating to specific accounting issues

ISA 540 对 accounting estimate 审计
有 procedures

Deferred tax: IAS 12

Inventories: IAS 2
Financial instruments: IAS 32, IFRS 7, IFRS 9
Revenue: IFRS 15
Leases: IFRS 16
Retirement Benefits: IAS 19

Ch09 Group Audits and transnational audits

ISA 600 Group audit

Ch10 Completion
Overall review of f/s:
ISA 220 quality control when completion
 ISA 520 Analytical procedures
ISA 450 Evaluation of misstatements identified during the audit

ISA 580 Written representations

ISA 560 Subsequent events （基于 IAS 10）

Adjusting events: adjust
Non-adjusting events: disclosure

ISA 570 Going concern

由 management assess, auditors evaluate

ISA 710 Comparative Information

Corresponding figures: preceding period 的数
Comparative f/s: preceding period 的整张表

ISA 720 Other information

Auditors 只对 f/s 负责，不对 other information 的 material misstatement 负责，但要保证
other information 和 f/s 没有 inconsistency

Ch11 Reporting
ISA 700 Overview of reporting

Communicating with management and TCWG:

ISA 260 Communication with TWCG
ISA 265 Communicating deficiencies in internal control
ISA 701 Communicating key audit matters

Modified report with unmodified opinion:

ISA 706 Emphasis of Matter paragraph and other matter paragraph

Modified audit opinion:

ISA 705 Modification
Pervasive：影响多/影响大
Qualified/adverse/disclaimer of opinion

Ch12 Audit-related services and other assurance services

ISAE 3000 Assurance 服务

ISAE 2400 Review 服务

 ISAE 2410 Review of interim financial information

Other limited assurance:

ISAE 3400 Examination of Prospective financial information (PFI, Ch13)
ISAE 3420 reporting on the compilation of pro-forma financial information in a
prospectus
ISAE 3402 对外包了的 client 的 assurance
两层内控 client 到 organization 到信息

No assurance:
ISRS 4400 Agree-upon procedures 事先约定好程序
ISRS 4410 Compilation 编纂，如 accounts preparation