31386 paragraphs found
The auditor’s determination of materiality in accordance with ASA 320 is often based on estimates of the entity’s financial results, because the actual financial results may not yet be known. Therefore, prior to the auditor’s evaluation of the effect of …
Because the preparation of the financial report requires management and, where appropriate, those charged with governance to adjust the financial report to correct material misstatements, the auditor is required to request them to provide a written …
The auditor’s documentation of uncorrected misstatements may take into account: The consideration of the aggregate effect of uncorrected misstatements; The evaluation of whether the materiality level or levels for particular classes of transactions, …
Reporting on the Entity’s Financial Report and on a Single Financial Statement or on a Specific Element of those Financial Statements …