Prepared BY : K. M. Mahafuzul Alam I WhatsApp, 01728928984 | krnmhafuzulslam@ [Link] Summary of International Standards on Auditing (ISAs) category A ner title = tse |General Principles and Responsibilities [Overall Objectives of the jindependent Auditor and [Establishes the overall [Used to guide the isa 200 [RM Conduct ofan Auitfobjecives and fentire audit process, 200 ha Accordance with provides the comext ensuring compliance iIntermational Standards on|for the other ISAs. jwith ISAs. Auditing ines he [Ensures clear urements for lagreement between sa 210 [Aerering the Termsof [eabtisking audit. lauditor and client oa din Enigngements, came, including be scope and teriue ngagement letters, fot the au [Ensures audits are If You Need This Type More Info Connect LinkedIn www. li Or Join Our Facebook Group tps:/dwww facebook cor Quality Control foran — }Specifies quality: [performed to a high ISA 220 ||Audit of Financial: ontrel procedures for |jstandard and in {Statements wits, compliance with ISAs. [Ensures there is ‘ uate ISA 230 |/Audit Documentation the documentation of ‘ ; provide evidence of wait work. ithe audit work performed. ‘Auditors Provides guidance Om Peto. suc ag | Responsibilities Relating fhow auditors should f/° Ps ou tO SA 240 1 Fraud in an Audit of — fconsider fraud in their [{“ettf¥ and respond : to risks of fraua. ‘inancial Statements wdits. “Gisidertilon of Laws Details tuditor [Ensures. auditors ‘Regulations in an responsibilities . consider relevant ISA 250 it cr Financial regarding compliance legal and regulatory Seen ith laws and Irrameworks during tatements lauds. [Link] [Link]/in/inshsfuzul-alPrepared BY : K. M. Mahafuzul Alam | WhatsApp. 01728928984 | keumhafuzulalam@[Link] [isa (Category INumber|T#e Detail {Uses niines acqitheoneass (Facilitates effective ‘ommunication with ff ae two-way 4 for cormmunication : ISA 260 [Those Charsed with eo neeharged _ommunication wernance pith those charged Preteen auditors and vi govorma \governance bodies. Saks [Ensures that eee [Provides guidance on identified deficiencies| ficiencies in Internal [PO svemnica ; ISA 265 |\Control to Those Charged wD CORNERS Fare eopaty Ian Ger Sed ternal contro} Jeommunicated to Nee eficiencies. Ithose responsible for lamagement lgovernanee. [Risk Assessment land Response to lAssessed Risks: a [Helps auditors plan Isa 300 [Plsmning an Audit of Pasedlsin iheir work to ensure a [Financial Statements remem ES thorough and efficient Hanning an audit. oui, identifying and Assessing [Provides a framework [Guides auditors in dae Risks of Material [for understanding the idemifying and IISA 315 |Misstotement through entity and its assessing risks of inderstanding the Entity environment to assess. material x! ls Environment sks, Imisstatement, Helps auditors — yg Discusses the concept determine materiality Iisa 320 ff materiality and its thresholds for ipplication in audits, planning and performing audits. one! Performing an Audit [Provides guidance on [Ensures auditors [The Auditor's Responses |how auditors should — |lesign and implement| SA 330 lo Asscssed Risks hespond to assessed appropriate responses risks. to identified risks. dit Considerations [Helps auditors Isa 4o2 [Relating to an Entity Outlines how to waluate the effect of fing a Service ides adit Lervide cegntizalidne zation [considerations when a lon the audit. If You Need This Type More Info Connect Linkedin www linkedin com/iw/mahafurul-alam Or Join Our Facebook Group hiips://www facebook. cony/groups/[Link]/?ref=shumPrepared BY : K. M. Mahafuzul Alam 1 WhatsApp, 01728928984 | krmbhafuzulslam@ [Link] [isa , category Neer Tie pa ses ice organization is ised, Provides guidance on |/Ensures auditors Evaluation of saluating lpoperly evaluate and ISA.450 |Missttements Kdenifed misstatements communicate jDuring the Audit ‘identified during the — identified vuclit. misstatements. [Audit Evidence l Denils what [Guides auditors in _ constitutes audit obtaining surfiiemt HSA S00) Ati Brides idence and how to jjand appropriate oti evidence. \udit Evidence—Specific| ISA 501 |{Considerations for {Selected Items IISA. 505 [External Confirmations Initial Audit ISA 510 |[Engagements—Opening Balances Provides additional guidance on obtaining vidence for specific items. [Ensures auditors pay lpecial attention to certain items requiring unique siderations. Discusses the use of external confirmations 1s audit evidence. Provides guidance on initial engagements: opening balances. [Hetps auditors use sternal ‘onfirmations 10 lwerify account balances and transactions. [Ensures auditors properly consider fopening balances in initial audits. ISA 520 |/Analytical Procedures Jiscusses the use of inalytical procedures in audits, (Guides auditors in lusing analytical |procedures for risk Jassessment and Isubstantive testing. ISA. 530 ||Audit Sampling If You Need This Type More Info Connect Linkedin ww Li Or Join Our Facebook Group lutips://www facebook cor Provides guidance on the use of sampling in [Link] [Ensures auditors lappropriately design din,comv/in/mahafuzul-alamPrepared BY : K. M. Mahafuzul Alam | WhatsApp. 01728928984 | keumbafuznlalam@[Link] [Isa (Category INuraber THE Detnil Uses fnd implement |sampling techniques. [Auditing Accounting Details how to auslt pe ee ISA 540 |lEstimates and Related Jccounting estimates = reasonableness of |Disclosures ind related disclosures. lnccounting estimates, a eee ensures wudltors y property identify and IISA 550 |lRelated Parties [regarding related panty eee relate party helationships and : : transactions. ransactions. [Provides guidance on |[Helps auditors identifying and consider events FSAS60: Babeequent Bente -valuating subsequent Joccurring after the evens. balance sheet date. [Ensures auditors Discusses the auditor's Jevaluate the responsibilities appropriateness of PRA Sz! GRE Concer regarding the going management's use of Jconcern assumption. |the going cancer assumption. lines the use of |[Helps auditors obtain Isa 580 |WVrinen Repesemtations [tte reprseatations jwriten coafimations jas part of audit from management on levidence. ‘specific matters. [Using Work of Others [Special Considerations— [Provides guidance on [Ensures auditors sudits of Group Financial Jauditing group properly consider the ISA.600 |statements (Including the financial statements, work of component Work of Component including reliance on jlauditors in group Auditors) component auditors. audits. 5 [Discusses how to use [teIps auelin sing the Work of : Ips auditors ISA 610 the work of internal | jctermine the extent Mcrae, ruditors in the audit. to which they can rely If You Need This Type More Info Connect Linkedin www. linkedin com/in/mhafurul-alam Or Join Our Facebook Group huips://www facebook, com/groups/[Link]/?reF=sharePrepared BY : K. M. Mahafuzul Alam | WhatsApp. 01728928984 | kmumbafuznlalam@[Link] [isa (Category INuraber Tie Detail {Uses fon internal audit jwork, Ensures auditors [Provides guidance on ‘ Isa 629 fUsine the Work ofan ing the work of | fPRFePrintely consider JAuditor’s Expert land rely on the work: Rens: lof expents, |Audit \Conclusions and Reporting s : Fi Bi Ensuires auditors 1g an Opinion and_ [Provides guidance on : ISA 700 |Reporting on Financial {forming an aucit ine aaa tatements pinion and reporting. | ce "ommunicating Key [Helps auditors lisa 701 Audit Matters in the of key |lhighlight the most Independent Auditor’s audit matters in the — significant matters in ‘eport wudit report. {the audit report. lodlifications to the - Ensures auditors Ee Provides guidance on ; , inion in the a lappropriately modify HSA 705 jhedependent Auditor's eval kheir opinion when -eport EE. Inccessary. phasis of Matter Fecusses the use of | [HEIPS auditions draw raphs nnd Other DSHS ve oo attention to specific ISA 706 [Maer Paragraphs in the [BPs of issues without Independent Auditor's a modifying the sport na lopinion. paar Provides guidance on [Ensures auditors ISA 710 [coresponding Figures [sling with ropriney adress acoouane mmparative [comparative financial information. jinformation. ‘inancial Statements Irhe Auditor's [Discusses auditor [Helps auditors IISA 720 ||Responsibilities Relating sibilities jconsider the to Other Information jregarding other jconsisteney of other information in information with If You Need This Type More Info Connect Linkedin www. linkedin com/iw/mahafurul-alam Or Join Our Facebook Group huips://www facebook, com/groups/[Link]/?reF=sharePrepared BY : K. M. Mahafuzul Alam | WhatsApp. 01728928984 | kmumbafuznlalam@[Link] ICategory ne rite Detail Uses jocuments containing Jaudited financial udited financial |statements. statements [Specialized Areas \speckal Considerations — [Provides guidance on [Eamures auditors [Audits of Financial wuditing financial —_ properly consider JISA 800 }Stacments Prepared in |statcments prepared special purpose cordance with Special under special purpose frameworks in their se Frameworks frameworks. luis ipeciall Considerations— [Helps auditors sudits of Single Financial Discusses auditing address unique sa gos [Ststements and Specific [single financial considerations when lements, Accounts or statements and specific auditing individual items ofa Financial —_ elements. statements or tatement jslements, [Ensures auditors \gagements to Report on] Provides guidance on |/properly report on IISA $10 [Summary Financial reporting on stimmary summaries derived tatements financial statements. {from audited financial] statements. 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