539 definitions found.
ASA 620
Definition
6(a)
Auditor’s expert means an individual or organisation possessing expertise in a field other than accounting or auditing, whose work in that field is used by the auditor to assist the auditor in obtaining sufficient appropriate audit evidence. An auditor’s …
ASA 620
Definition
Aus 6.1
“Partner” and “firm” should be read as referring to their public sector equivalents where relevant. …
ASA 620
Definition
6(b)
Expertise means skills, knowledge and experience in a particular field. …
ASA 620
Definition
6(c)
Management’s expert means an individual or organisation possessing expertise in a field other than accounting or auditing, whose work in that field is used by the entity to assist the entity in preparing the financial …
ASA 540
Definition
12
For the purposes of this Auditing Standard, the following terms have the meanings attributed below: …
ASA 540
Definition
12(a)
Accounting estimate – A monetary amount for which the measurement, in accordance with the requirements of the applicable financial reporting framework, is subject to estimation uncertainty. (Ref: Para. A14 …
ASA 540
Definition
12(b)
Auditor’s point estimate or auditor’s range – An amount, or range of amounts, respectively, developed by the auditor in evaluating management’s point estimate. (Ref: Para. A15 …
ASA 540
Definition
12(c)
Estimation uncertainty – Susceptibility to an inherent lack of precision in measurement. (Ref: Para. A16 , Appendix 1 ) …
ASA 540
Definition
12(d)
Management bias – A lack of neutrality by management in the preparation of information. (Ref: Para. A17 ) …
ASA 540
Definition
12(e)
Management’s point estimate – The amount selected by management for recognition or disclosure in the financial report as an accounting …