Summary of PwC Audit Guide.docVIP

SECTION 1000 - CONCEPTUAL FRAMEWORK Introduction to the PwC Audit 1010 Overview 内有Excellence,Teamwork,Leadship三角图,需要的话可从里面copy 1020 Benefits of PwC Audit 1030 PwC Audit overview diagram 1040 The PwC Audit and MyClient MyClient中有搜索某个客户完全信息的功能,方法是:打开某个MyClient文件→Client→EntityContract information→输入GUID和密码即可进入查询 1050 Compliance with International Standards on Auditing PwC Audit Guide是fully comply with ISA的,而不是其他任何GAAS Principles of the PwC Audit Quality Principles 1110 Overview 1111 Manage the engagement for effectiveness and efficiency 1112 Understand and agree expectations 此处的expectation是指客户对我们的expectation 1113 Maintain effective risk management 1114 Deploy and develop our people effectively 1115 Share knowledge 1116 Use technology effectively 1117 Communicate continuously and candidly 1118 Evaluate performance to continuous improvement Client relationship management Principles 1120 Overview 1121 ECLIPSE Engage Client Lead Implementation of Plan Surpass Expectations Risk management Principles 1130 Overview 1131 Areas of risk 1132 Risk management policies Concepts Underlying the PwC Audit Approach 1210 PwC Audit The Concept 有”Where we derive audit comfort”的山峰图 1220 Required steps 检查是否全部required step都已经在create出来的database里的方法:Build workplan→check required steps→选择master database→对话框左边的step即为遗漏的required steps 1230 Required steps listing 全部required step的清单,并注明了required status(ISA, PwC policy or IFAC), Materiality 1310 Assessment of Materiality 1311 Determining Overall Materiality?and materiality for particular items Identify Benchmarks (如PBT, total revenue, total/net assets) Applying a percentage threshold Using professional judgement(针对benchmark和percentage) Determining materiality for particular items(如法规和投资者特别关注的科目,报表披露数字,行业关键指标等) Determining a de minimis SUD posting level(同样需要运用专业判断,一般是5%-10% of overall materiality) 1312 Determining Planning Materiality overall materiality的50%到75%之间, 运用专业判断 Ha