• Thomas 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.

0 views0 comments

Recent Posts

See All

In contract revenue to recognise using input method, one of the key audit procedures is to ascertain the budgeted cost of the project contract is reasonable. We need to test the underlining assumptio

For change of accounting policy for PPE from cost model to revaluation model. It is not follow FRS 8 as exempted from prior year adjustment. The change will apply prospectively from the date of reva

When receivables classified from current to non-current, it needs to be measured at fair value upon reclassification. The different will be charged to profit and loss. It is because the receivables