[Deleted by the AUASB. Refer Aus 12.1 .] …

[Deleted by the AUASB. Refer Aus 12.2 .] …

Professional judgement ―The application of relevant training, knowledge and experience, within the context provided by assurance and ethical standards, in making informed decisions about the courses of action that are appropriate in the circumstances of …

Professional scepticism ―An attitude that includes a questioning mind, being alert to conditions which may indicate possible misstatement, and a critical assessment of …

Entity’s system (or the system)―The policies and procedures designed and implemented by the entity to provide the functions or services covered by the assurance practitioner’s report, including the control objectives which address the overall objectives …

Evaluator―The party(ies) who evaluates the underlying subject matter against the criteria. The evaluator possesses expertise in the underlying subject …

Firm―A sole assurance practitioner, partnership or corporation or other entity of individual assurance practitioners. “Firm” should be read as referring to its public sector equivalents where …

Fraud―An intentional act by one or more individuals among management, those charged with governance, employees, or third parties, involving the use of deception to obtain an unjust or illegal …

Fraud risk factors―Events or conditions that indicate an incentive or pressure to commit fraud or provide an opportunity to commit …

Implementation―The process of putting controls into effect by deployment or roll-out of controls to enable their operation as designed. …