493 definitions found.
ASAE 3500
Definition
16(n)
Objective of a performance engagement ―is to evaluate the performance of an activity or activities, with respect to economy, efficiency and/or effectiveness against the identified …
ASAE 3500
Definition
16(o)
Performance engagement ―An assurance engagement to conclude on the performance (expressed as either economy, efficiency and/or effectiveness) of all or a part of the activity or activities of an entity or across multiple entities as evaluated by …
ASAE 3500
Definition
16(p)
Professional scepticism ―an attitude that includes a questioning mind, being alert to the validity of evidence obtained and to critically assess evidence that contradicts or brings into question the reliability of documents and responses to enquiries and …
ASAE 3500
Definition
16(q)
Reasonable assurance engagement ―An assurance engagement in which the assurance practitioner reduces engagement risk to an acceptably low level in the circumstances of the engagement as the basis for the assurance practitioner’s conclusion. The assurance …
ASAE 3500
Definition
16(r)
Representation ―Statement by the responsible party, either oral or written, provided to the assurance practitioner to confirm certain matters or to support other …
ASAE 3500
Definition
16(s)
Responsible party ―The party responsible for the performance of all or part of the activity, which is the subject matter of the performance …
ASAE 3500
Definition
16(t)
Subject matter or underlying subject matter ―The activity which is evaluated or measured against the identified criteria. …
ASAE 3500
Definition
16(u)
Variation ―An instance where the performance of the underlying subject matter exceeds the identified criteria or is deficient in whole or part, as evaluated against the identified …
ASA 805
Definition
6(a)
“Element of a financial statement” or “element” means an “element, account or item of a financial statement;” …
ASA 805
Definition
6(b)
“Australian Accounting Standards” means the Australian Accounting Standards issued by the Australian Accounting Standards Board; and …