343 definitions found.
ASAE 3100
Definition
17(z)
Statement ―The outcome in writing of the responsible party or evaluator’s evaluation of compliance with the compliance requirements, provided to the assurance practitioner in an attestation engagement. A Statement is the subject matter information in an …
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 315
Definition
12
For the purposes of this Auditing Standard, the following terms have the meanings attributed below: …
ASA 315
Definition
12(a)
Assertions – Representations, explicit or otherwise, with respect to the recognition, measurement, presentation and disclosure of information in the financial report which are inherent in management representing that the financial report is prepared in …
ASA 315
Definition
12(b)
Business risk – A risk resulting from significant conditions, events, circumstances, actions or inactions that could adversely affect an entity’s ability to achieve its objectives and execute its strategies, or from the setting of inappropriate objectives …
ASA 315
Definition
12(c)
Controls – Policies or procedures that an entity establishes to achieve the control objectives of management or those charged with governance. In this context: (Ref: Para. A2–A5) Policies are statements of what should, or should not, be done within the …
ASA 315
Definition
12(d)
General information technology (IT) controls – Controls over the entity’s IT processes that support the continued proper operation of the IT environment, including the continued effective functioning of information processing controls and the integrity of …