ISA 315(Revised) and ISA 610(Revised)

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This topic contains 7 replies, has 3 voices, and was last updated by Avatar of MikeLittle MikeLittle 1 year, 4 months ago. This post has been viewed 325 times

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    navidacca
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    I have old book of P7 BPP. I come to know that the ISA 315 and 610 has now been revised , what is new in this ?


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    MikeLittle
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    I’m very sorry, but I have no idea what ISA 315 and ISA 610 relate to. Give me the title and I’ll try to help.

    Incidentally, were you aware that there are now NO marks for quoting ISA, IAS nor IFRS numbers nor titles?

    At last!


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    navidacca
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    I thought that there might be a question on this topic due to current issue thats why i want to know the changes in ISA 610 (Revised), Using the Work of Internal Auditors


    ISA 315 (Revised), Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment.


    Avatar of MikeLittle
    MikeLittle
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    Didn’t Lisa write an article about both of these subjects in the recent Student Accountants?


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    navidacca
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    I didnt see any article on these topic.


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    Bethmar
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    at this point in time you are very late, IAS 315 is a fundamental standard which anyone taking P7 should be reallllly close to. It goes hand in hand with planning and quality control. However you can go to youtube and type in your standards, great videos are there, great help especially right now when exam is on Monday.
    Great way to refresh your memory quickly…..i watch different ones by different presenters to ensure that the facts are consistent , also i have prior text book knowledge so that helps. God bless…wish you great success.


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    Bethmar
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    P.S. use ACCA P7 to do the search….


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    MikeLittle
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    Thanks Bethmar

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