119 paragraphs found
The auditor shall communicate with those charged with governance on a timely basis. (Ref: Para. A49–A50 ) …
The auditor shall evaluate whether the two‑way communication between the auditor and those charged with governance has been adequate for the purpose of the audit. If it has not, the auditor shall evaluate the effect, if any, on the auditor’s assessment …
Where matters required by this Auditing Standard to be communicated are communicated orally, the auditor shall include them in the audit documentation, and when and to whom they were communicated. Where matters have been communicated in writing, the …
In most entities, governance is the collective responsibility of a governing body, such as a board of directors, a supervisory board, partners, proprietors, a committee of management, a council of governors, trustees, or equivalent persons. In some …
Such diversity means that it is not possible for this Auditing Standard to specify for all audits the person(s) with whom the auditor is to communicate particular matters. Also, in some cases, the appropriate person(s) with whom to communicate may not be …
ASA 600 includes specific matters to be communicated by group auditors with those charged with governance. [5] When the entity is a component of a group, the appropriate person(s) with whom the component auditor communicates depends on the engagement …
When considering communicating with a subgroup of those charged with governance, the auditor may take into account such matters as: The respective responsibilities of the subgroup and the governing body. The nature of the matter to be communicated. …
When deciding whether there is also a need to communicate information, in full or in summary form, with the governing body, the auditor may be influenced by the auditor’s assessment of how effectively and appropriately the subgroup communicates relevant …
Audit committees (or similar subgroups with different names) exist in many jurisdictions. Although their specific authority and functions may differ, communication with the audit committee, where one exists, has become a key element in the auditor’s …