Purpose: The main purpose of this paper is to determine how particular audit firms deal with ISA 701 requirements and the society expectations towards reporting the materiality levels. Additionally, the aim of this paper is to range the assertions in terms of the frequency of their occurrence....

Context of the organization -- Management systems and business control -- ISO 19011 and initiating audit culture -- Relationships with auditees -- The audit adventuretm -- Prepare audit activities -- Conduct the audit -- Teamwork and the conscious use of language -- Conclude the audit -- Write...