539 definitions found.
ASAE 3450
Definition
15(cc)
Responsible party means those charged with governance of the entity (ordinarily the Board of Directors), who are also responsible for the preparation and issuance of the financial information included in the document. It may also mean the management of …
ASAE 3450
Definition
15(dd)
Stated basis of preparation means the basis on which the responsible party has chosen to prepare the financial information that is acceptable in view of the nature and objective of the document, or as required by applicable law or regulation. A stated …
ASAE 3450
Definition
15(ee)
Subsequent events mean events or facts that become known to the assurance practitioner after the date of the assurance report and prior to the relevant …
ASAE 3450
Definition
15(ff)
Takeover means the acquisition of control of listed or unlisted entities conducted in accordance with Chapter 6 of the Corporations Act 2001 …
ASRE 2400
Definition
16
The AUASB Glossary [5] (the Glossary) includes the terms defined in this ASRE as well as descriptions of other terms used in this ASRE, to assist in consistent application and interpretation. For example, the terms “management” and “those charged with …
ASRE 2400
Definition
17
For purposes of this ASRE, the following terms have the meanings attributed below: …
ASRE 2400
Definition
17(a)
Analytical procedures ―Evaluations of financial information through analysis of plausible relationships among both financial and non‑financial data. Analytical procedures also encompass such investigation as is necessary of identified fluctuations or …
ASRE 2400
Definition
17(b)
Engagement risk ―The risk that the assurance practitioner expresses an inappropriate conclusion when the financial statements are materially …
ASRE 2400
Definition
17(c)
General purpose financial statements ―Financial statements prepared in accordance with a general purpose framework. …
ASRE 2400
Definition
17(d)
General purpose framework ―A financial reporting framework designed to meet the common financial needs of a wide range of users. The financial reporting framework may be a fair presentation framework or a compliance …