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Are financial statements required for audit-exempt companies?

Are financial statements required for audit-exempt companies?

Explore the newly released Practice Directive No. 10/2024 by SSM, detailing t...

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Proposed New Audit Exemption Criteria for Private Companies in Malaysia

Proposed New Audit Exemption Criteria for Private Companies in Malaysia

The Companies Commission of Malaysia (SSM) has recently proposed new audit ex...

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Types of Audit Sampling Methods (ISA 530 Audit Sampling)

Types of Audit Sampling Methods (ISA 530 Audit Sampling)

Auditor is responsible to design and perform audit procedures to obtain suffi...

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Types of audit opinion

Types of audit opinion

What is an Auditor’s Opinion? An auditor’s opinion is a formal statement made...

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What are the responsibilities on frauds and what are the basic audit documentations relate to frauds?

What are the responsibilities on frauds and what are the basic audit documentations relate to frauds?

What is fraud? Fraud refers to deceptive or dishonest activities carried out ...

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ISQM 1 Component : The Firm’s Risk Assessment Process

ISQM 1 Component : The Firm’s Risk Assessment Process

The firm’s risk assessment process is new to ISQM 1 which is also a key [&hel...

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ISQM 1 Component : Governance and Leadership

ISQM 1 Component : Governance and Leadership

Governance and leadership is of paramount importance to quality management as...

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Auditing standard – Revised ISA 315 Identifying and Assessing the risk of material misstatement

Auditing standard – Revised ISA 315 Identifying and Assessing the risk of material misstatement

Under the revised ISA 315, Identifying and Assessing the risk of material mis...

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Introduction of ISQM 1

Introduction of ISQM 1

International Standard on Quality Management 1 (hereinafter “ISQM 1”) Quality...

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