539 definitions found.
ASA 450
Definition
4(a)
Misstatement means a difference between the reported amount, classification, presentation, or disclosure of a financial report item and the amount, classification, presentation, or disclosure that is required for the item to be in accordance with the …
ASA 450
Definition
4(b)
Uncorrected misstatements means misstatements that the auditor has accumulated during the audit and that have not been corrected. …
ASA 705
Definition
5(a)
Pervasive – A term used, in the context of misstatements, to describe the effects on the financial report of misstatements or the possible effects on the financial report of misstatements, if any, that are undetected due to an inability to obtain …
ASA 705
Definition
5(b)
Modified opinion – A qualified opinion, an adverse opinion or a disclaimer of opinion on the financial report. …
ASA 600
Definition
9
For the purposes of this Auditing Standard, the following terms have the meanings attributed below: …
ASA 600
Definition
9(a)
Component means an entity or business activity for which group or component management prepares financial information that should be included in the group financial report. (Ref: Para. …
ASA 600
Definition
9(b)
Component auditor means an auditor who, at the request of the group engagement team, performs work on financial information related to a component for the group audit. (Ref: Para. …
ASA 600
Definition
9(c)
Component management means management, or those charged with governance, responsible for the preparation of the financial information of a …
ASA 600
Definition
9(d)
Component materiality means the materiality for a component determined by the group engagement team. …
ASA 600
Definition
9(e)
Group means all the components whose financial information is included in the group financial report. A group always has more than one …