TOP AUDITING ISSUES FOR 2013 - CCH

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TOP AUDITING ISSUES FOR 2013 CPE COURSE
Communicate to those charged with governance, appropriate
officials, and other known report users in the same manner that they
used to distribute the original report
Remove the report from their publicly accessible website, if it is posted
there, and post a notification that it was removed
Determine whether to conduct additional work necessary to reissue
the report, including any revisions to findings or conclusions
Re-post the original audit report if additional work does not lead to
changed findings or conclusions
Report Contents
This section sets forth the requirement that auditors should prepare audit
reports that contain:
The audit’s objectives, scope, and methodology
The audit’s results, including findings, conclusions, and recommendations
as appropriate
A statement about the auditor’s compliance with GAGAS
A summary of the views of responsible officials
The nature of any sensitive or confidential information omitted, where
applicable
Objectives, scope, and methodology. This subsection requires that auditors
should:
Include in the report a description of the audit objectives and the scope
and methodology for addressing those objectives
Communicate audit objectives in the report in a clear, specific, neutral,
and unbiased fashion that includes relevant assumptions
State in the report that certain issues were outside the scope of the
audit, when audit objectives are limited but broader objectives could be
inferred by users
Describe the scope of the work performed and any limitations, including
issues relevant to likely users
Report significant constraints imposed on the audit approach by
information limitations, scope impairments, or excessive delays or denials
of access to records or individuals
Explain or identify, as applicable:
The relationship between the population and items tested
Organizations, locations, and time periods covered
The kinds and sources of evidence
Significant limitations or uncertainties
Explain how the completed audit work supports the audit objectives