6 top issues in audit

Will new technologies create opportunities or just challenges for audit? How will data analytics change the auditor’s role? Should auditors be held liable if they miss fraud? This all adds up to interesting times ahead for auditors.

The following Slideshare collection of articles and podcasts pulls together six top issues in auditing:

  • 6 warning signs the ATO uses when monitoring SMSF auditors
  • Whether auditors should be held liable if they miss fraud
  • When do auditors need to highlight risk by issuing a "going concern" emphasis of matter in their report?
  • How can auditors cultivate an appropriate level of scepticism in order to do their jobs properly?
  • Whether data analytics is fundamentally transforming audit
  • Top themes on the auditing of small entities
  • Helping your clients understand the difference between a review and an audit

View the Slideshare below to learn more. 

Read next: So, you've been targeted by the ATO for a tax audit

Like what you're reading? Enter your email to receive the INTHEBLACK e-newsletter.
October 2021
October 2021

Read the October 2021 issue of INTHEBLACK magazine.

Each month we select the must-reads from the current issue of INTHEBLACK. Read more now.