Audit plan · Delta Pharma SAE
ISA/IFRS checklist by stage with assignment and time
Code
Framework
Partner
Status
Due
Audit stages
| Mark done | Ref | Procedure | Assignee | Time spent | Status | Log time |
|---|---|---|---|---|---|---|
| P.01 | Understand entity & environment (ISA 315) ISA 315 / IFRS Conceptual Framework | ANAudit Manager | 4h Budget: 4h | Done | ||
| P.02 | Determine materiality & performance materiality ISA 320 | SMEngagement Partner | 1h 30m Budget: 2h | Done | ||
| P.03 | Map significant accounts to IFRS standards IAS 1 / IAS 2 / IFRS 15 / IFRS 16 | LHSenior Auditor | 1h 50m Budget: 3h | In progress | ||
| P.04 | Approve overall audit strategy & timetable ISA 300 | SMEngagement Partner | 0m Budget: 1h | To do | ||
| R.01 | Identify & assess RoMM — revenue (IFRS 15) IFRS 15 / ISA 315 | LHSenior Auditor | 3h Budget: 3h 20m | Done | ||
| R.02 | Inventory valuation risk (IAS 2 NRV) IAS 2 | OFStaff Auditor | 1h 35m Budget: 2h 40m | In progress | ||
| R.03 | Lease right-of-use & liability (IFRS 16) IFRS 16 | NYStaff Auditor | 0m Budget: 2h 20m | To do | ||
| R.04 | Related parties & disclosures (IAS 24) IAS 24 / ISA 550 | 0m Budget: 1h 40m | To do | |||
| A.01 | Revenue trend & margin analytical procedures ISA 520 / IFRS 15 | LHSenior Auditor | 1h 15m Budget: 2h 30m | In progress | ||
| A.02 | Payroll & headcount analytics vs prior year ISA 520 / IAS 19 | OFStaff Auditor | 20m Budget: 1h 30m | To do | ||
| A.03 | Working capital & liquidity ratios walkthrough ISA 520 / IAS 1 | NYStaff Auditor | 0m Budget: 2h | To do | ||
| A.04 | Investigate unusual fluctuations above threshold ISA 520 | ANAudit Manager | 40m Budget: 1h 20m | Blocked | ||
| F.01 | Evaluate uncorrected misstatements ISA 450 | ANAudit Manager | 0m Budget: 1h 30m | To do | ||
| F.02 | Draft independent auditor’s report (ISA 700) ISA 700 / IFRS presentation | SMEngagement Partner | 0m Budget: 3h | To do | ||
| F.03 | Going concern conclusion (ISA 570 / IAS 1) ISA 570 / IAS 1 | 0m Budget: 2h | To do | |||
| F.04 | EQCR / partner sign-off package ISQM 1 / ISA 220 | SMEngagement Partner | 0m Budget: 2h 30m | To do |