Audit and assurance

The audit committee and external auditors Audit plan meeting  Prior to the audit field work, the audit committee meets with the external auditors for audit plan and risk assessment. An audit plan details the audit strategy, focused areas, and timing of audit.  Audit committee members shall review the audit plan with the external auditors in […]

Automated Tools And Techniques (ATT) in Audit ATT is a broad term describing the tools and techniques auditors use in performing audit procedures. The term is deliberately broad because technologies and related audit applications will continue to evolve, such as artificial intelligence applications, robotics automation processes, and others. Although the term “data analytics” sometimes refers […]