PPT-Auditing investments in a full scope audit

By Michael Lawrance CPA August 13 2014 KPMG LLP The views in this presentation do not necessarily reflect that of KPMG LLP or any of its subsidiaries or affiliates Objectives understanding how to differentiate between the different types of investments in an employee benefit plan. An Introduction to Assurance and Financial Statement Auditing. The Study of Auditing. Analysis, logic and investigative . skills. More . conceptual in nature. Rules, techniques and computations to prepare and analyze financial information. ISA 570 Paragraph Introduction Scope of this ISA ........................................................................................ 1 Going Concern Assumption ............................... ParagraphIntroduction Scope of this ISA ...................................................................................... 1 Effective Date ..................................................... Chapter 8. Assurance services. “Independent professional services that improve the quality of information, or its context, for decision makers”. Adds value to the user, not just the report. Three party contracts – the client, the assurer, and the third party to whom the accountant is providing assurance. . M.Com. , LLB, ACS, . FCMA. PRACTICING COST ACCOUNTANT . CHAIRMAN-SIRC . of ICAI [2009-10].  . Cost Auditing Standard - 101. Planning an Audit of Cost Statements. Requirements. & Remote Auditing . Purpose of Supplier Audits. Qualify a New Supplier. On-going Evaluation of a Supplier. CAPA or Complaint Investigation. Can I justify fewer. supplier audits?. C. an. you justify . & Illustrative audit file. TCOP: 29 . Janaury. 2016. Prepared by . A Delport . - January 2016 . Department of Auditing. Our inspiration. 2. AUDITING 2B . TUTORials. TUTORS. 5 Tutors appointed for 8 hours a week. Troubleshooting Tips . No Audio?. Ensure that your computer speakers are turned on . that the volume is appropriately set. Check to ensure that audio streaming is enabled on your . computer. If the presentation slides stop advancing during the presentation. 2014 Assessment. Vision. Past focus of internal controls and compliance. New re-concentrated . efforts on the . field. Internal . Audit . Assistance. Risk Mitigation. Flexibility . of Field . Audits. DOL. Update. Limited . Scope vs. Full Scope Audit . Disclaimer of Opinion &. Audit Communications. Dawn . Doucette, Audit Senior . Manager. David Murray, Audit Senior . Manager. Limited Scope vs Full Scope Audit. Auditing and Monitoring Strategies to Mitigate Risks of Off-Label Promotion CBI West Coast Life Sciences Compliance Congress November 19, 2010 CIA Required Live Auditing/Monitoring Company Settlement Date Involves routine formal communication to the Board and Management Monitoring Monitoring is an on- process usually directed by management to ensure processes are working as intended Monitoring is an By:. CMA . Pradip. . H.Desai. Cost Audit. Cost Audit is a . critical review . Undertaken . to verify the . correctness of Cost Accounts. , . A. scertain . the . accuracy of cost accounting records. Employee Benefit Plan . Audit Quality Center. AICPA. Handouts for today’s event. . You can download presentation slides (in PDF or PowerPoint format) and other handouts by clicking on in the toolbar at the bottom of your screen.