31386 paragraphs found
Although the group engagement team may be able to obtain sufficient appropriate audit evidence if such restriction relates to a component considered not a significant component, the reason for the restriction may affect the group audit opinion. For …
Law or regulation may prohibit the group engagement partner from declining or withdrawing from an engagement. For example, in some jurisdictions the auditor is appointed for a specified period of time and is prohibited from withdrawing before the end of …
Appendix 1 contains an example of an auditor’s report containing a qualified opinion based on the group engagement team’s inability to obtain sufficient appropriate audit evidence in relation to a significant component accounted for by the equity method …
The terms of engagement identify the applicable financial reporting framework. [16] Additional matters may be included in the terms of a group audit engagement, such as the fact that: The communication between the group engagement team and the …
Restrictions imposed on: the group engagement team’s access to component information, those charged with governance of components, component management, or the component auditors (including relevant audit documentation sought by the group engagement …
Matters about Which the Group Engagement Team Obtains an Understanding (Ref: Para. 17) …
ASA 315 contains guidance on matters the auditor may consider when obtaining an understanding of the industry, regulatory, and other external factors that affect the entity, including the applicable financial reporting framework; the nature of the entity; …
Instructions Issued by Group Management to Components (Ref: Para. 17) …