top of page
  • Writer's pictureThomas Tsang

Use of audit tool

Right now we have to use technology in audit including integrate into client‘s technology. That is to make use of client technology for use in our audit, such as transform client’s data into our information for audit.


We are not just talking to use excel or audit software for document. Use excel or word of cloud are just documentation and storage only. It is rather basis and prerequisite now.

2 views0 comments

Recent Posts

See All

Timing for impairment test on goodwill

In Singapore FRS 36, paragraph 96 ”The annual impairment test for a cash-generating unit to which goodwill has been allocated may be performed at any time during an annual period, provided the test is

Prior year error

When there was a judgement made in prior year without concrete evidence of support. The audit should have qualified it. When in subsequent year, the judgement is changes with the intention to correct

Impairment test under US GAAP

Under US GAAP, the carrying amount of the assets is compared to the undiscounted future cash flow of the assets generated. If the amount of undiscounted cash flow is highr than carrying amount, no im

Comments


bottom of page