Topic wise KAM extracted from Annual Reports of Airline Companies of other Jurisdictions where the model similar to the new Auditors Report has already been adopted is given as follows:
- Goodwill and landing rights impairment assessment
- Judgmental accruals and provisions
- Aircraft maintenance provisions
- Treasury operations
- Revenue recognition: classification as either principal or agent
- Revenue recognition: early recognition of Jetcard and other deferred income
- Completeness of provisions against operator prepayments
- Completeness of operator accruals
- Valuation of goodwill and intangible assets created through new acquisitions