Essays about: "ISA 701"

Found 5 essays containing the words ISA 701.

  1. 1. Has Key Audit Matter become standardized? : Comparative study between UK and Swedish mutually owned insurance companies.

    University essay from Jönköping University

    Author : Alfons Björn; Carl Byvald Olsson; [2023]
    Keywords : Key Audit Matter; ISA 701; Standardized; auditor s report; mutual insurance;

    Abstract : Background/problematization: Traditionally, the auditor’s report was a short pass-or-fail statement with a few lines of text andstandardized wording. Critics have argued that the auditor’s report was a tedious anduninformative statement, more entity-specific and relevant information was wanted in theauditor’s report. READ MORE

  3. 2. Informativeness of Key Audit Matter (KAM) Disclosures: An exploratory study of ISA 701 in Sweden

    University essay from Göteborgs universitet/Graduate School

    Author : Ebba Christofferson; Karin Grönberg; [2018-07-02]
    Keywords : ISA 701; Key Audit Matters; KAM disclosures; Audit report; Specificity; Tone; Risk-factor disclosures;

    Abstract : In this study, we examine whether Key Audit Matter (KAM) disclosures are informative in the Swedish setting. Financial stakeholders have long criticized the audit report for being too standardized and neither conveying entity-specific nor relevant information. READ MORE

  4. 3. The implementation of ISA 701-key audit matters: : Empirical evidence on auditors adjustments in the new audit report

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Berivan Dogan Bozan; Bana Arefaine; [2017]
    Keywords : Audit report; Key audit matters; Information gap; Expectation gap; the confidentiality duty.;

    Abstract : The previous audit report gained a lot of criticism since it contained to much standard text that failed to convey valuable information for users. This lead to IAASB implementing a new standard, called ISA 701-KAM, which was implemented by all listed companies in the end of 2016. READ MORE

  5. 4. Key audit matters - the answer? : An exploratory study investigating auditors possibilty to accomplish the purpose of the new audit report

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Hamed Motahary; TIna Emami; [2016]
    Keywords : Auditing; auditor reporting; key audit matters; confidentially duty; ISA 701;

    Abstract : Various institutional attempts to recapture confidence of the audit profession resulted in a new section ISA 701 which is likely to be game changing for stakeholders and the auditing profession. The new standard establishes that more entity specific information should be communicated through the new section key audit matters. READ MORE

  6. 5. The public interest paradox of the Swedish auditing profession. : A quantitative study of potential effects of the Swedish implementation of ISA 700 (revised) and ISA ”

    University essay from Umeå universitet/Företagsekonomi

    Author : Louise Lundgren; Moa Oldenborg; [2016]
    Keywords : Auditor s Report; Non-professional Investors; ISA 700 revised ; ISA 701; Public Interest; Key Audit Matters;

    Abstract : During the last decade, there has been severe critique directed at the auditing profession regarding its necessity and accuracy. Auditors have been accused of neglecting their duty to the public interest, which is overshadowed by their financial dependence on the audited companies. READ MORE