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

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 …

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

Initial audit engagement means an engagement in which either: The financial report for the prior period was not audited; or The financial report for the prior period was audited by a predecessor …

Opening balances means those account balances that exist at the beginning of the period.  Opening balances are based upon the closing balances of the prior period and reflect the effects of transactions and events of prior periods and accounting policies …

Predecessor auditor means the auditor from a different audit firm, who audited the financial report of an entity in the prior period and who has been replaced by the current …