Small and medium-sized firms considering the potential of audit data analytics will learn a lot from Kreston UK members’ experiences, as Alex Peal and Lisa Leighton outline.
Audit and Beyond December/January
View the articles from the December/January 2017/18 issue of the Audit and Assurance Faculty magazine.
Attendees at the autumn 2017 roadshows have asked lots of challenging questions. John shares some you may find interesting.
Avoid confusion around the alternative provisions and exemptions for audits of smaller entities in the FRC Revised Ethical Standard, with clarification from QAD reviewer Henrietta Thompson.
With the withdrawal of Practice Note 16, Katharine Bagshaw and Phil Lenton offer pointers on why and how some firms will need to consider the implications carefully.