Service organisation―a third‑party organisation (or segment of a third‑party organisation) that provides services to user entities that are likely to be relevant to user entities’ internal control as it relates to financial …

Service organisation’s system (or the system) ―the policies and procedures designed and implemented by the service organisation to provide user entities with the services covered by the service auditor’s assurance report.  The service organisation’s …

Service organisation’s statement―the written statement about the matters referred to in paragraph  9(k)(ii) (or paragraph  9(j)(ii) in the case of a type 1 …

​​​​ Subservice organisation―a service organisation used by another service organisation to perform some of the services provided to user entities that are likely to be relevant to user entities’ internal control as it relates to financial …

​ Test of controls―a procedure designed to evaluate the operating effectiveness of controls in achieving the control objectives stated in the service organisation’s description of its …

User auditor―an auditor who audits and reports on the financial report/statements of a user entity. [7] …

In the case of a subservice organisation, the service auditor of a service organisation that uses the services of the subservice organisation is also a user …

User entity―an entity that uses a service organisation. …

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

Aggregation risk – The probability that the aggregate of uncorrected and undetected misstatements exceeds materiality for the financial report as a whole. (Ref: Para. A19 …