Key Audit Matters: ISA 701
Matters, auditor's professional judgment, most significance in audit of the FSs of current period.
KAM :1. Matters are selected from TCWG(those charged with governance).
2. Aims to improve the transparency by helping users to understand the most significant issues. increase the communicative value of the auditor's report.
3. Part of listed company auditor's report;
4. No consti