About DATEV AK
DATEV AK ( Auditor's Kit )
This application allows you to easily :
- Calculation value of the engagement
- Calculation the general materiality
- Calculation the sample size for the Compliance Test and Monetary Unit Sampling
1 The value of engagement is calculated based on value of total assets and revenue in the previous year and the hourly rates for the auditor and assistant. According to detection risk is determined the normative number of hours ( in accordance with Resolution No. 259/20/2005 KRBR ). Then you have to define the number of hours for auditor in engagement.
2 The general materiality is calculated based on values of assets, revenues, profit and capital. You can change the calculation of factors and the choice of one of three methods of calculation : the highest value , the arithmetic mean, the lowest .
3 The sample size is calculated for the compliance test and the M.U.S after entering the required parameters and confidence level in the range of 80-99 %.