539 definitions found.
ASA 315
Definition
12(k)
Significant class of transactions, account balance or disclosure – A class of transactions, account balance or disclosure for which there is one or more relevant …
ASA 315
Definition
12(l)
Significant risk – An identified risk of material misstatement: (Ref: Para. A10) For which the assessment of inherent risk is close to the upper end of the spectrum of inherent risk due to the degree to which inherent risk factors affect the combination …
ASA 315
Definition
12(m)
System of internal control – The system designed, implemented and maintained by those charged with governance, management and other personnel, to provide reasonable assurance about the achievement of an entity’s objectives with regard to reliability of …
ASA 720
Definition
12
For the purposes of this Auditing Standard, the following terms have the meanings attributed below: …
ASA 720
Definition
12(a)
Annual report – A document, or combination of documents, prepared typically on an annual basis by management or those charged with governance in accordance with law, regulation or custom, the purpose of which is to provide owners (or similar stakeholders) …
ASA 720
Definition
12(b)
Misstatement of the other information – A misstatement of the other information exists when the other information is incorrectly stated or otherwise misleading (including because it omits or obscures information necessary for a proper understanding of a …
ASA 720
Definition
12(c)
Other information – Financial or non‑financial information (other than the financial report and the auditor’s report thereon) included in an entity’s annual report. …
ASA 701
Definition
8
For the purposes of this Auditing Standard, the following term has the meaning attributed below: Key audit matters —Those matters that, in the auditor’s professional judgement, were of most significance in the audit of the financial report of the current …
ASA 700
Definition
7
For the purposes of this Auditing Standard, the following terms have the meanings attributed below: …
ASA 700
Definition
7(a)
General purpose financial report – a financial report prepared in accordance with a general purpose framework. …