Response (in relation to a system of quality management) – Policies or procedures designed and implemented by the firm to address one or more quality risk(s): ( Ref: Para. A25‑A27 , A50 ) Policies are statements of what should, or should not, be done to …

Service provider (in the context of this ASQM) – An individual or organisation external to the firm that provides a resource that is used in the system of quality management or in the performance of engagements. Service providers exclude the firm’s …

Staff – Professionals, other than partners, including any experts the firm employs. …

System of quality management – A system designed, implemented and operated by a firm to provide the firm with reasonable assurance that: The firm and its personnel fulfill their responsibilities in accordance with AUASB standards and applicable legal and …

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

Comparative information means the amounts and disclosures included in the financial report in respect of one or more prior periods in accordance with the applicable financial reporting …

Corresponding figures mean comparative information where amounts and other disclosures for the prior period are included as an integral part of the current period financial report, and are intended to be read only in relation to the amounts and other …

Comparative financial reports means comparative information where amounts and other disclosures for the prior period are included for comparison with the financial report of the current period but, if audited, are referred to in the auditor’s opinion.  …

In accordance with the applicable financial reporting framework of the Corporations Act 2001 and Australian Accounting Standards, comparative information refers to corresponding figures. For purposes of this Auditing Standard, references to “prior period” …

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