Auditing and Assurance in Hong Kong explains the practices of auditing and non-auditing engagements using the most updates International and Hong Kong Auditing Standards. Key Features: Coverage of latest auditing and assurance standards by updating with all new HKSQMs issued in April 2021 (to align with the International Standards on Quality Management finalised and issued in December 2020), and other revised HKSAs, including HKSA 220 (Revised), HKSA 315 (Revised 2019), HKSA 540 (Revised), HKSRS 4400 (Revised) and the relevant conforming amendments Coverage of the latest standards on forming an opinion and reporting on financial statements, mpodifications to the opinion in the independant auditor's report, communicating key audit matters in the independant auditor;s report, the auditor's respoonsibilities relating to other information, assurance engagements other than audits or reviews of historical financial information, acountants' reports on historical financial information in investment circulars, and reporting on profit forecasts, statement of sufficiency of working capital and statement of indebtedness Coverage of the Companies Ordinance (Chapter 622) Numerous illustrative examples, figures and diagrams Tailor-made illustrative flowcharts incorporated to help readers easily understand the complicated requirements of the professional standards Real-life cases sources from companies listed on the Hong Kong Stock Exchange Limited Inclusion of recent QP and ACCA exam questions