IRIS Auditor leads you through the planning, checking and
finalising stages of the audit, ensuring you have performed the
audit to the required standard:
- Completion checklists
- Planning checklists
- Audit programme
- Systems recording
- Business considerations and accounting matters
- Company appointment checklist
The full audit
programme is produced for an individual client, unless the
requirements dictate otherwise; for instance, when a client's
circumstances do not warrant the complete programme. It is then
possible to omit certain sections considered irrelevant, or produce
a 'mini-audit' version, where there is a reduced amount of work
necessary in a certain area.
Reports
- Financial statements and completion checklists
- File completion checklist
- Audit standards review checklist
- Going concern review
- Post balance sheet events review
- Electronic publication
- Audit partner's completion checklist
- Audit senior's completion checklist
- Audit highlights
- Points forward schedule
- Audit error schedule
Planning, system and analytical
review
- Planning memorandum: overall plan
- Audit inherent risk assessment
- Audit materiality assessment
- Planning memorandum: specific audit plan
- Independence and competence checklist
- Budget and staff allocation
- Assessment of adequacy of accounting systems
- Detailed analytical review
Audit
programmes
- Corporation tax computation checklist
- Taxation
- Share capital, reserves and statutory records
- Directors' loan accounts, related parties
- Intangible fixed assets
- Tangible fixed assets
- Fixed asset investments
- Stock and work in progress
- Attendance at stock-take
- Sales, debtors and prepayments
- Cash at bank and in hand
- Purchases, creditors, accruals and loans
- Group inter-company balances
- Hire purchase and finance leases
- Provisions, contingencies and financial commitments
- Wages and salaries
- Sub-contractors
- VAT
Systems
recording
- Fixed assets and depreciation
- Stocks
- Sales and debtors
- Cash at bank and in hand
- Purchases and creditors
- Group inter-company balances
- Wages and salaries
- VAT
Business considerations and
accounting matters
- Profit and loss account
- Fixed assets and depreciation
- Sales debtors and prepayments
- Cash at bank and in hand
- Purchases, creditors and accruals
- Group inter-company balances
- Wages and salaries
- VAT and taxation
Alternative
reports
- Audit risk assessment
- Analytical review
- Nominal ledger audit
