Release date: 5 February 2018
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The PQA work programme has been updated to reflect the new and separate
Auditing Frameworks applying in the UK and in Ireland, as well as changes in
Accounting Standards and Company Law.
This CD version will allow users to perform audits using
work programmes and standard lead schedules set out as Excel spreadsheets. A lot
of the tedious work is automated so that you can concentrate on adding value to
your assignment. We have also included a number of improvements so that users
can work more efficiently.
PQA has been extensively updated and improved. Here are some of the key
changes.
- The ISQC 1 and IES 8 procedures have been updated to
reflect the new standards;
- The Audit Planning Memorandum has been updated to reflect
the requirements of the new Auditing Standards;
- The Independence and Acceptance of Appointment or
Reappointment section has been extensively updated and improved to reflect the
requirements of the new Ethical Standards;
-
The Going Concern section
has been extensively updated to reflect the new requirements of ISA 570;
- The Auditor's Report section has been updated to
reflect significantly changed requirements regarding the form and content of
the auditor’s report, as well as new requirements in relation to other
information that accompanies the financial statements;
- The Disclosure Aide Memoirs have been significantly
updated and enhanced over the old ‘Common Omissions’ aide memoirs;
- The File Completion Checklist section has been
updated;
- The Hot File review section has now has been updated to reflect the new
requirements of the revised Ethical Standards and ISQC 1.
To allow users move smoothly and efficiently to the new procedures, the
updated PQA retains the same familiar users’ road map, facilitating easy
navigation of the programme.
*The annual licence fee (€339/£236 +
VAT) is payable on the first anniversary of purchase of the CD, and annually
thereafter.
For more information, contact us at Practice Consulting
Phone: 01 6377300