The assurance practitioner requests and obtains written representations from the responsible party at the completion of the assurance engagement. [85]   If the responsible party is those charged with governance in the entity, the representation letter …

An inability to obtain sufficient appropriate evidence regarding a matter that has, or may have, a material effect on the evaluation of the financial information in the document, when such evidence would ordinarily be available, constitutes a limitation …

For assurance reports in connection with a public document prepared in accordance with the Corporations Act 2001 , the assurance practitioner is required to consent to the form and context in which the assurance report is included in that public document. …

Sufficient appropriate documentation [87] should include a record of the assurance practitioner’s reasoning on all significant matters that required the exercise of professional judgement, together with the assurance practitioner’s conclusions on the …

Factors that may affect the group engagement team’s decision whether to use an audit required by statute, regulation or for another reason to provide audit evidence for the group audit include the following:  Differences in the financial reporting …

Although component auditors may perform work on the financial information of the components for the group audit and as such are responsible for their overall findings, conclusions or opinions, the group engagement partner or the group engagement partner’s …

The group engagement partner’s review of the overall group audit strategy and group audit plan is an important part of fulfilling the group engagement partner’s responsibility for the direction of the group audit …

The group engagement team obtains an understanding of a component auditor only when it plans to request the component auditor to perform work on the financial information of a component for the group audit.  For example, it will not be necessary to obtain …

The auditor is required: [21]   When establishing the overall audit strategy, to determine:  Materiality for the financial report as a whole; and  If, in the specific circumstances of the entity, there are particular classes of transactions, account …

If effective two‑way communication between the group engagement team and the component auditors does not exist, there is a risk that the group engagement team may not obtain sufficient appropriate audit evidence on which to base the group audit opinion.  …