Audit

Types of Audit Evidence

Types of Audit Evidence Audit evidence is the information that the auditors of an organisation gather from it in the process of conducting an audit (Also see Essential Processes in the Audit of Financial Statements). They can use this evidence when they assess and review the financial transactions of the company, the internal controls it …

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Types of Audit – Statutory Audit and Non-statutory Audit

Types of Audit – Statutory Audit and Non-statutory Audit Statutory Audit A statutory audit is an engagement of a financial statement audit between an entity and an independent audit firm in Johor Bahru that comply with the requirement of local laws in the sector that the organisation is operating. The financial statement audit is required …

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What is Audit Materiality?

What is Audit Materiality? When an audit firm in Johor Bahru is performing an audit (Also see Principles of Auditing), audit materiality is crucial. It is bacause the misstatements the company has committed will be perceived as material if it has a high possibility of reasonably influencing the financial decision of the users of the company’s financial statements. When …

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