Exploration of Methods for Teaching Students to Study Audit Standards: Taking Audit Standard No. 1504 as an Example

Abstract

The China Audit Standards Board (CASB) also issued new audit standards on December 23, 2016, and in its implementation rules, it requires A-share and H-share companies to comply with the new standards for audit reports used in mainland China starting from January 1, 2017. The Chinese Certified Public Accountants Auditing Standards No. 1504- Communication of Key Audit Matters in Audit Reports is a new addition to the standards issued this time, while the rest are revised. This article aims to explore methods to guide students on how to study these new guidelines, in order to enhance their professional competence.