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General20 Feb 2024

(Audit Update) How I Review Audit Planning Memorandum (APM)

(Audit Update) How I Review Audit Planning Memorandum (APM)

Excited to share how we at #ktp approach the crucial phase of audit preparation with our Audit Planning Memorandum (APM). Think of the APM as our detailed guide for conducting thorough and effective audits.

In my role as audit partner, alongside our dedicated managers and seniors, I delve deep into the APM.

Our main focus? Tackling the most critical part of any audit - identifying and addressing material risk areas. These are the spots where errors, fraud, or other issues could significantly impact financial statements.

01Our strategy starts with two key questions:

1. What's the material risk area for this audit?

2. How will we resolve this risk?

Dive deeper into our APM review process and learn more about how we ensure our audits are as reliable and effective as possible.

YouTube Vidoe

Check out our latest #ktp YouTube video (20 mins) for insights: https://lnkd.in/gQkwym2K

PS : Authored by Mr Koh Teck Peng, the Group Principal, in his personal LinkedIn post https://bit.ly/3wqbWnF

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  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
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KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

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THK (Secretarial, Bookkeeping, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsourcing bookkeeping, and payroll services to clients

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An internal community for our colleagues on work and leisure.

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KTP & Company PLT

Wisma KTP, 53, 53-01 & 53-02, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru, Johor, Malaysia
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