417 definitions found.
ASA 800
Definition
6(a)
Special purpose financial statements – Financial statements prepared in accordance with a special purpose framework. (Ref: Para.A4) …
ASA 800
Definition
6(b)
Special purpose framework – A financial reporting framework designed to meet the financial information needs of specific users. The financial reporting framework may be a fair presentation framework or a compliance framework. [2] …
ASA 800
Definition
Aus 6.1
Special purpose financial report means a complete set of financial statements [*] , including an assertion statement [#] by those responsible for the financial report, prepared in accordance with a special purpose framework. …
ASA 800
Definition
7
Reference to “ financial statements ” in this Auditing Standard means “a complete set of special purpose financial statements”. The requirements of the applicable financial reporting framework determine the presentation, structure, and content of the …
ASAE 3000
Definition
12(v)
Responsible party ―The party(ies) responsible for the underlying subject matter. (Ref: Para. A37 ) …
ASAE 3000
Definition
12(w)
Risk of material misstatement ―The risk that the subject matter information is materially misstated prior to the engagement. …
ASAE 3000
Definition
12(x)
Subject matter information ―The outcome of the measurement or evaluation of the underlying subject matter against the criteria, i.e., the information that results from applying the criteria to the underlying subject matter. (Ref: Para. A19 …
ASAE 3000
Definition
12(y)
Underlying subject matter ―The phenomenon that is measured or evaluated by applying criteria. …
ASAE 3000
Definition
13
For the purposes of this ASAE and other ASAEs, references to “appropriate party(ies)” should be read hereafter as “the responsible party, the measurer or evaluator, or the engaging party, as appropriate.” (Ref: Para. A20 , A37 …
ASAE 3000
Definition
12(c)
Criteria ―The benchmarks used to measure or evaluate the underlying subject matter. The “applicable criteria” are the criteria used for the particular engagement. (Ref: Para. A10 …