539 definitions found.
ASRE 2400
Definition
17(e)
Enquiry ―Enquiry consists of seeking information of knowledgeable persons from within or outside the entity. …
ASRE 2400
Definition
17(f)
Limited assurance ―The level of assurance obtained where engagement risk is reduced to a level that is acceptable in the circumstances of the engagement, but where that risk is greater than for a reasonable assurance engagement, as the basis for …
ASRE 2400
Definition
17(h)
Professional judgement ―The application of relevant training, knowledge and experience, within the context provided by assurance, accounting and ethical standards, in making informed decisions about the courses of action that are appropriate in the …
ASRE 2400
Definition
17(j)
Special purpose financial statements ―Financial statements prepared in accordance with a special purpose framework. …
ASRE 2400
Definition
17(k)
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 …
ASRE 2400
Definition
Aus 17.1
Assurance Practitioner ―A person or an organisation, whether in public practice, industry, commerce or the public sector, providing assurance services. The term includes the engagement partner or other members of the engagement team, or, as applicable, …
ASAE 3000
Definition
12(k)
Historical financial information ―Information expressed in financial terms in relation to a particular entity, derived primarily from that entity’s accounting system, about economic events occurring in past time periods or about economic conditions or …
ASAE 3000
Definition
12(l)
Internal audit function ―A function of an entity that performs assurance and consulting activities designed to evaluate and improve the effectiveness of the entity’s governance, risk management and internal control …