How well companies implement technology in audit depends upon how well they’ve dealt with the basics. And more often than not, there’s still a lot of work to be done. What should you consider before moving forward with technology in audit?
A comprehensive risk-based Internal Audit plan determines the success of an IA function as a value-adding, strategic business partner. This summary of key risks aims to stimulate discussion during the annual planning process and identify potential emerging topics relevant to your IA function.
IFRIC 22 clarifies the accounting for transactions that include the payments in advance of obtaining or delivering the services or goods in a foreign currency in terms of determining "the date of the transaction". How does the new interpretation impact IFRS preparers?