Day: April 3, 2021

Introduction Scope of this ISA This International Standard on Auditing (ISA) deals with the external auditor’s responsibilities relating to the work of internal auditors when the external auditor has determined, in accordance with ISA 315,[1] that the internal audit function Read More …

INTRODUCTION   Professional standards and guidelines are essential for the credibility, quality and professionalism of public-sector auditing. The International Standards of Supreme Audit Institutions (ISSAIs) developed by the International Organisation of Supreme Audit Institutions (INTOSAI) aim to promote independent and Read More …

Introduction Scope of this ISA This International Standard on Auditing (ISA) deals with the auditor’s responsibilities relating to fraud in an audit of financial statements. Specifically, it expands on how ISA 315[1] and ISA 330[2] are to be applied in Read More …

Introduction The purpose of this International Standard on Auditing (ISA) is to establish standards and provide guidance on: Agreeing the terms of the engagement with the client; and The auditor’s response to a request by a client to change the Read More …

Introduction Scope of this ISA This International Standard on Auditing (ISA) deals with additional communication in the auditor’s report when the auditor considers it necessary to: Draw users’ attention to a matter or matters presented or disclosed in the financial Read More …

Concept, Background and Purpose of the Code of Ethics   The Office of the Auditor General of Belize has deemed it essential to establish a Code of Ethics for the auditors. A Code of Ethics is a comprehensive statement of Read More …

Introduction Scope of this ISA This International Standard on Auditing (ISA) deals with the auditor’s responsibility to issue an appropriate report in circumstances when, in forming an opinion in accordance with proposed ISA 700 (Revised),[1] the auditor concludes that a Read More …

Introduction The purpose of this International Standard on Auditing (ISA) is to establish standards and provide guidance additional to that contained in ISA 500, “Audit Evidence” with respect to certain specific financial statement account balances and other disclosures. Application of Read More …

Introduction This Framework defines and describes the elements and objectives of an assurance engagement, and identifies engagements to which International Standards on Auditing (ISAs), International Standards on Review Engagements (ISREs) and International Standards on Assurance Engagements (ISAEs) apply. It provides Read More …

Introduction The purpose of this International Standard on Assurance Engagements (ISAE) is to establish basic principles and essential procedures for, and to provide guidance to, professional accountants in public practice (for purposes of this ISAE referred to as “practitioners”) for Read More …