PROBE MMX
PROBE MMX IFRS FOR SME
Efficiency meets the audit of recognition and measurement.
The IFRS for SMEs is a self-contained standard of 230 pages, designed to meet the needs and capabilities of small and medium-sized entities (SMEs), which are estimated to account for over 95 per cent of all companies around the world. Compared with full IFRSs (and many national GAAPs), the IFRS for SMEs is less complex in a number of ways.
Probe MMX now makes it even easier for the auditor to ensure that the AFS are prepared in accordance with IFRS for SMEs by providing specific audit procedures to ensure that each line item is recognised and measured in terms of the specific section of IFRS for SME.
PROBE MMX PREMIUM
Taking your engagement to the next level.
Probe MMX Premium takes your engagement to the next level with more automation, increased efficiency and guidance on standards.
Probe MMX Premium automates an integrated automated Report to Management and those charged with Governance. All weaknesses, implications and recommendations picked up throughout the engagement will automatically build the report to Management which the user can customise as well.
Provides additional Manager Checklists: Demonstrating that the objectives in the clarified International Standards on Auditing have been achieved.
Guidance throughout the audit program for example: What type of audit report to use, when is a risk significant etc
Access to CaseWare® RiskSpace from where you can import risks, controls and management report letter points.
Take your engagement to the next level with additional components which will give you even more efficiency and provide additional guidance throughout the entire engagement.
ADD ON
PROBE MMX IFRS
Efficiency meets the audit of recognition and measurement.
Quoted from the IFRS.org website, "Financial reporting for the world's interconnected financial
markets", gives a hint of the possible difficulty and complications involved in the auditing and preparation of the financial statements in terms of IFRS.
The Probe MMX IFRS add on is designed to assist the auditor to ensure that the recognition and measurement of each line item on the Annual Financial Statements are correct in accordance with IFRS and all the while assisting with ironing out these difficulties and complications.
Probe MMX IFRS also caters for the ever changing environment of IFRS by incorporating early adoption of changes in standards, our research team also keeps an eye on the ball for future development requirements due to further changes within the standards.
