It is important to remember work that takes place at of audit process. & work is where auditors link work they do as part of their , assessment & initial . Then look at transactional that happen where gap needs to be between when initial was done & what is being done at end

One process that interim examinations would include is looking at on & systems

Another process that interim examinations would include is of year to date

Third process that interim examinations would include is tests on year to date items

Near or at balance sheet date need to reperform of financial statements, do work for period between examination & date, send out confirmation letters & send out confirmation letters

Typical audit work at year-end include chasing letters, chasing & circularisation (kind of confirmation), chase letters to other (could be from , , ), plan observation, make sure there is enough tests of balance sheets & period of year for P&L & finally gather evidence on (cause disagreement) items

One thing that determine before end of audit is whether have been prepared using & accounting principles

Another thing that determine before end of audit is whether published with is compatible with them

Third thing that determine before end of audit is whether & are as required by law & by regulatory bodies & achieve &

Fourth thing that determine before end of audit is whether drawn from tests & overall of financial statements enable an to be formed

Subsequent events are events & , that occur between date & date when are authorised for issue

One type of subsequent event can be identified is those that provide of conditions that existed at date ( events). Another is those that are of conditions that arose after date ( events). has to consider whether any events after date financial statements are (up to & beyond date of annual general meeting)

One audit work that can be carried out to detect subsequent events is e.g. department provides to chief financial officer

Another audit work that can be carried out to detect subsequent events is e.g. board , committees & committees

Third audit work that can be carried out to detect subsequent events is &

Fourth audit work that can be carried out to detect subsequent events is look at & forecasts for period to see performance

Fifth audit work that can be carried out to detect subsequent events is have formal of department & used

Sixth audit work that can be carried out to detect subsequent events is focus on & for type of industry being . Make sure known risk areas are clearly & have been

Seventh audit work that can be carried out to detect subsequent events is look at & with & to ensure they are suitable

Eighth audit work that can be carried out to detect subsequent events is clear from

Ninth audit work that can be carried out to detect subsequent events is in domain e.g. in trade press

Tenth audit work that can be carried out to detect subsequent events is have detailed & have management on areas, new & significant movements (if they have or new ). Also, discussion on status (significant losses of )

Auditor should already be of significant matters of judgement. They should know how to make some when these issues occur

One auditor objective under ISA580 is to obtain representations from … that they believe that they have fulfilled their for preparation of financial statements & for of information … to auditor

Another auditor objective under ISA580 is to other audit evidence relevant to or specific in financial statements … if determined necessary by auditor

Third auditor objective under ISA580 is to appropriately to representations provided by … , or … if do not provide representations requested by auditor

Written representations are provided by & (suggested by ISA 580). But depending on business they may also include other who have specialised knowledge such as , &

One representation that is required is of financial statements in accordance with framework (so with appropriate & )

Another representation that is required is all has been provided & all have been correctly

Third representation that is required is confirm additional representations about e.g. of accounting policies & whether matters have been accounted for given future plans

Fourth representation that is required is representations about specific e.g. from company geologists on whether oil reserves can be extracted

Fifth representation that is required is of managements for controls

Sixth representation in management representation letter is that they believe that effects of misstatements are

Date that letter of representation should bear is date accounts are signed by & date accounts are signed by (similar date)