If a component auditor performs an audit of the financial information of a significant component, the group engagement team shall be involved in the component auditor’s risk assessment to identify significant risks of material misstatement of the group …

Identified Significant Risks of Material Misstatement of the Group Financial Report—Further Audit Procedures …

If significant risks of material misstatement of the group financial report have been identified in a component on which a component auditor performs the work, the group engagement team shall evaluate the appropriateness of the further audit procedures to …

In accordance with paragraph 17 of this Auditing Standard, the group engagement team obtains an understanding of group‑wide controls and the consolidation process, including the instructions issued by group management to components.  In accordance with …

The group engagement team shall design and perform further audit procedures on the consolidation process to respond to the assessed risks of material misstatement of the group financial report arising from the consolidation process.  This shall include …

The group engagement team shall evaluate the appropriateness, completeness and accuracy of consolidation adjustments and reclassifications, and shall evaluate whether any fraud risk factors or indicators of possible management bias exist.  …

If the financial information of a component has not been prepared in accordance with the same accounting policies applied to the group financial report, the group engagement team shall evaluate whether the financial information of that component has been …

The group engagement team shall determine whether the financial information identified in the component auditor’s communication, see paragraph 41(c) of this Auditing Standard, is the financial information that is incorporated in the group financial …

If the group financial report includes the financial report of a component with a financial reporting period‑end that differs from that of the group, the group engagement team shall evaluate whether appropriate adjustments have been made to the financial …

Where the group engagement team or component auditors perform audits on the financial information of components, the group engagement team or the component auditors shall perform procedures designed to identify events at those components that occur …