23 paragraphs found
In some cases, even an unsophisticated predictive model may be effective as an analytical procedure. For example, where an entity has a known number of employees at fixed rates of pay throughout the period, it may be possible for the auditor to use this …
The auditor’s determination of the amount of difference from the expectation that can be accepted without further investigation is influenced by materiality [7] and the consistency with the desired level of assurance, taking account of the possibility …
… further investigation as required by paragraph 7 of this Auditing Standard. (Ref: Para. A16 ) …