Draftworx

Introduction and Fundamental Principles

Assertions

DraftWorx Template Introduction and Changes

Pre-engagement Planning

Materiality

Scoping

Risk Assessment Procedures

Risk Assessment Procedures: Opening balances

Risk Assessment Procedures: Engagement Team Discussion

Risk Assessment Procedures: Review of the prior year audit report and management report

Risk Assessment Procedures: Analytical Review

Risk Assessment Procedures: Understanding the nature of the entity

Risk Assessment Procedures: Fraud Discussion with TCWG

Risk Assessment Procedures: Laws and Regulations

Risk Assessment Procedures: Review Discussion of Minutes of management meetings

System of Internal Control - Indirect Controls and IT Controls

Risk Assessment Procedures: Revenue Fraud Risk

Risk Assessment Procedures: Estimates

Risk Identification Summary

Going Concern

System of Internal Control: Direct Controls

Relevant Assertions + SCOTABD

Risk Identification and assessment summarised

Risk Assessment Component Summary and Audit Plan

Impact of planning on Execution Phase - Responses to ROMM