31386 paragraphs found
Tests of Controls Operating Effectiveness of Controls (Ref: Para . 42R(a)(ii), 43R(a)) …
In the case of very small water report entities or immature water information systems, there may not be many control activities that could be identified by the assurance practitioner, or the extent to which their existence or operation have been …
Risks for Which Tests of Controls Are Necessary to Provide Sufficient Appropriate Evidence (Ref: Para. 43R(b)) …
The quantification of water assets, water liabilities and changes in water assets and water liabilities may include processes that are highly automated with little or no manual intervention, for example, where relevant information is recorded, processed, …
External confirmation procedures may provide relevant evidence about such information as: (a) Data that is collected in a manner that is consistent with the relevant Australian standards. [30] (b) The terms of agreements, contracts, or transactions. (c) …
For example , Australian Standard .\ S3778 . 2 . 2-2001 "Measurement of water flow in open channels -Establishment and operation of a gauging station" and AS 3778.7-2008 "Measurement of water flow in open channels - Determination of volume of water and …
This Auditing Standard also applies, as appropriate, to an audit of other historical financial information. …
Analytical Procedures Performed in Response to Assessed Risks of Material Misstatement (Ref: Para. 47L-48R) …
In many cases, the fixed nature of physical relationships between particular water assets and water liabilities and other measurable phenomena allows for the design of powerful analytical procedures (for example, the relationship between water demand and …