Financial Audit

In Bangladesh, all of the corporations are required to appoint auditors. Hence, small-medium enterprises should also understand IFRS and IAS well and apply it.

 

The audit standards of Bangladesh are combining with the International Standards on auditing. And ICAB displays the functions of audit.

 

The followings are the present title of Bangladesh Standards on Auditing.

 

200 Objective and General Principles Governing an Audit of Financial Statements

 

210 Terms of Audit Engagements

 

220 Quality Control for Audits of Historical Finance Information

 

230 Audit Documentation

 

240 The Auditor’s Responsibility to Consider Fraud in an Audit of Financial Statements

 

250 Consideration of Laws and Regulations in an Audit of Financial Statements

 

260 Communications of Audit Matters with Those Charged with Governance

 

300 Planning an Audit of Financial Statements

 

315 Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement

 

320 Audit materiality

 

330 The Auditor’s Procedures in Response to Assessed Risks

 

402 Audit Considerations Relating to Entities Using Service Organization

 

500 Audit Evidence

 

501 Audit Evidence-Additional Considerations for Specific items

 

505 External Confirmations

 

510 Initial Engagements-Opening Balances

 

520 Analytical Procedures

 

530 Audit Sampling and Other Means of Testing

 

540 Audit of Accounting Estimates

 

545 Auditing Fair Value Measurements and Disclosures

 

550 Related Parties

 

560 Subsequent Events

 

570 Going Concern

 

580 Management Representations

 

600 Using the Work of Another Auditor

 

610 Considering the Work of Internal Auditing

 

620 Using the Work of an Expert

 

700 The Independent Auditor’s Report on Complete Set of General Purpose Financial Statements

 

710 Comparatives

 

720 Other Information in Documents Containing Audited Financial Statements

 

800 The Auditor’s Report on Special Purpose Audit Engagements

 

1000 Inter-Bank Confirmation Procedures

 

1004 The Relationship Between Bank Supervisions and Banks’ External Auditors

 

1005 The Special Considerations in the Audit of Small Entities

 

1014 Reporting by Auditors on Compliance with International Financial Reporting

 

To learn more about our incorporation assistance and a range of services of financial audit in Bangladesh, send us a message or call us at +81-3-5369-2930.

 

We work closely with you and carry out research to understand your needs and wishes.