- Obtaining an understanding of the entity's business and the industry 
        in which it operates.
 
- Inquiries concerning the entity's accounting principles, policies 
        and practices.
 
- Inquiries concerning the entity's procedures for recording, 
        classifying and summarising transactions, accumulating information for 
        disclosure in the financial statements and preparing financial 
        statements.
 
- Inquiries concerning all material assertions in the financial 
        statements.
 
- Analytical procedures designed to identify relationships and 
        individual items that appear unusual. Such procedures would include:
 - Comparison of the financial statements with statements for prior periods.
- Comparison of the financial statements with anticipated results and financial position.
- Study of the relationships of the elements of the financial statements that would be expected to conform to a predictable pattern based on the entity's experience or industry norm.
 In applying these procedures, the auditor would consider the types of matters that required accounting adjustments in prior periods. 
 
- Inquiries concerning actions taken at meetings of shareholders, the 
        board of directors, committees of the board of directors and other 
        meetings that may affect the financial statements.
 
- Reading the financial statements to consider, on the basis of 
        information coming to the auditor's attention, whether the financial 
        statements appear to conform to the basis of accounting indicated.
 
- Obtaining reports from other auditors, if any and if considered 
        necessary, who have been engaged to audit or review the financial 
        statements of components of the entity.
 
- Inquiries of persons having responsibility for financial and 
        accounting matters concerning, for example:
 - Whether all transactions have been recorded.
- Whether the financial statements have been prepared in accordance with the basis of accounting policies indicated.
- Changes in the entity's business activities and accounting principles, policies and practices.
- Matters as to which questions have arisen in the course of 
          applying the foregoing procedures.
 
- Obtaining written representations from management when considered appropriate.
 
The list is not exhaustive, nor is it intended that all the procedures suggested apply to every engagement.
 
					
				 
							 
   
            
             
            
             
            
             
            
             
            
             
                                
                             
                                
                             
  
 
                            