Definitions

5

For the purposes of this Auditing Standard, the following terms have the meanings attributed below:

5(a)

Assurance practitioner means assurance practitioner as defined in ASQM 1.

5(b)

Auditor means auditor as defined in ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards. 

5(c)

Engagement quality control reviewer means engagement quality control reviewer as defined in ASQM 1. 

5(d)

Firm means firm as defined in ASQM 1. 

5(e)

Relevant ethical requirements means ethical requirements that apply to the auditor, assurance practitioner, engagement quality reviewer and firm.  In Australia, these include the applicable requirements of APES 110 Code of Ethics for Professional Accountants (including Independence Standards), issued by the Accounting Professional & Ethical Standards Board Limited in November 2018, the applicable provisions of the Corporations Act 2001 and other applicable law or regulation.