top stories
Assurance products
ACCA Audit Programmes
This system of programmes and checklists has been developed to assist practices in the UK and the Republic of Ireland to improve the standard of their audit files without breaking the budget. This implies complying with International Standards on Auditing (UK and Ireland), whilst retaining the flexibility to audit in a focused and cost effective manner. (See also the ACCA International Audit Programmes below.) There are extensive guidance notes throughout the product to help the user to achieve this.This audit package is relevant to practices of all sizes. It is totally CD ROM based, and provides a wide range of helpful documentation for both the current audit file and the permanent audit file. The system is simple to use, and the documents may be completed on screen, or printed and completed manually. In any event, the clients’ details may be inserted into the headers and footers, and the necessary schedules to complete may be selected individually for printing.
Some standard letters have also been included in the software, and these may be accessed directly or via hyperlinks. (There are also hyperlinks between many of the audit schedules.) In summary, this product provides:
- documentation for the current audit file in three sections: planning, work schedules and completion
- documentation for the permanent audit file
- appropriate schedules and guidance notes for the audits of companies registered in either the UK or the Republic of Ireland
- optional schedules, such as tax compliance checklists, sample size calculation, business strategy questionnaire, etc and
- a selection of standard letters.
The cost of the product is £175 plus VAT. You can request a demo CD of this product by sending an e-mail to: uk.audit@valsteward.com.
To place an order, e-mail connect.orders@accaglobal.com or telephone 0141 582 2000.
ACCA International Audit Programmes
Most members who provide audit services are now required to follow International Standards on Auditing (ISAs). Therefore, ACCA’s Audit Programmes have also been produced in an international format, with reference to ISAs, rather than ISAs (UK and Ireland), International Financial Reporting Standards and Generally Accepted Accounting Practice in the country of the audit client.The product comprises the same elements as the UK and Ireland product (namely: permanent file documentation, current audit file documentation, optional schedules, standard letters and extensive guidance notes). It is available for purchase from the UK at a cost of £175 (plus VAT if applicable).
You can request a demo CD of this product by sending an e-mail to: international.audit@valsteward.com
To place an order, e-mail connect.orders@accaglobal.com or telephone 0141 582 2000.
Practical Guidance on quality control procedures for small and medium sized audit firms
ACCA members must comply with the requirements of the International Standard on Quality Control 1 (ISQC 1). This is why ACCA has developed a guide designed to assist firms to implement the requirements of ISQC 1 and to understand all the practical issues involved. International Standard on Quality Control 1: Practical guidance for small and medium sized audit firms includes the following features:
- detailed guidance on all aspects of ISQC 1 implementation
- example policies and procedures which firms can easily tailor to meet their practices' individual needs
- a set of example forms and checklists covering: acceptance and continuance, fitness and propriety, independence, cold file review procedures and more.
Policies and procedures may be tailored on screen, and the forms and checklists may be completed either on screen or manually.
The guidance is relevant to all small and medium sized audit firms, and not just those based in the UK or Ireland. Developed with the assistance of ACCA's Practice Monitoring Directorate, the guidance is available free of charge to all ACCA members. To download a copy of this guidance, members should login to myACCA, and go to the 'downloads' section.