Audit Communications

ISA 260 requirement	Audit Planning report	Audit Findings report	As required
Agreement to the terms of engagement, including your undertaking to provide unfettered access to all information required for the purpose of our audit.
Communication of auditors’ responsibility to consider material misstatements in the financial statements.
Communication of management’s collective responsibility to report any fraudulent activities to the auditors.
Confirmation of the independence of the firm and audit team members.
Communication of audit scope and approach.
Confirmation by written representations to the auditor by those charged with governance.
Consideration of significant accounting policies.
Consideration of significant financial estimates.
Consideration of any material risks and exposures.
Consideration of audit materiality.
Consideration of adjusted and unadjusted misstatements, whether factual, judgemental or projected.
Consideration of uncertainties casting doubt on the ability of the entity to continue as a going concern.
Consideration of disagreements with management.
Consideration of related parties and associated transactions.
Consideration of post balance sheet events.
Consideration of significant weaknesses in accounting and internal control system.

Category: Audit and Assurance