Your definitive guide to auditing in Singapore based on the auditing and assurance standards issued by the Institute of Singapore Chartered Accountants (ISCA), which are closely aligned to the international standards issued by the International Auditing and Assurance Standards Board (IAASB).

This practical guide is designed to be an ideal reference for both accounting students and practicing audit professionals.

HIGHLIGHTS

This new edition is updated based on the prevailing rules, regulations as well as the auditing and assurance standards relevant to the audit profession, including:

• new requirements under SSA 701 Communicating Key Audit Matters in the Independent Auditor’s Report, and
• revised SSA 720 The Auditor’s Responsibilities Relating to Other Information.

NEW CHAPTER

The title also contains a new chapter discussing the recent new accounting standards on revenue and financial instruments as well as the impact of the latest technology changes on audit.