26 paragraphs found
… to the assessed risks of material misstatement at the assertion level. (Ref: Para. A4-A8) …
… regarding the operating effectiveness of the control at the assertion level. The extent to which audit evidence is obtained from tests of other controls related to the assertion. ASA 530 [4] contains further guidance on the …
… procedure designed to detect material misstatements at the assertion level. Substantive procedures comprise: Tests of …
… assessments of the risks of material misstatement at the assertion level remain appropriate. (Ref: Para. A60-A61) …
… that the control cannot be relied on to reduce risk at the assertion level to that assessed by the auditor. …
… procedures frequently are relevant when addressing assertions associated with account balances and their … exists that may be relevant to an entity’s revenue cut-off assertion. Other situations where external confirmation …
… of whether it appears to corroborate or to contradict the assertions in the financial report. (Ref: Para. A62) …
… not provide audit evidence that controls related to the assertion being tested are effective. (Ref: Para. A40) …
… that an assessed risk of material misstatement at the assertion level is a significant risk, the auditor shall …
… provide sufficient appropriate audit evidence at the assertion level. [3] This may occur when an entity …