Transcription of Introduction - Deloitte
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Benchmarking the new auditor s reportKey audit matters and other additional informationAudit & AssuranceContentsIntroduction 01 Benchmarking results: key audit matters 03 Goodwill and intangible assets 05 Revenue recognition 08 Taxation 10 Provisions 12 Pension accounting 13 audit procedures to address KAMs 14 Additional information in the auditor s report 15 Determination of materiality 15 Group scoping 16 Contacts 19 IntroductionReleased
estimates. For example, management has to project future cash flows, tax rates, interest rates, costs of capital, and future investments for at least the next five years. This therefore brings uncertainties and hence a greater audit risk. Figures 1 and 2 illustrate how KAMs related to goodwill and intangible assets have been addressed.
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