31386 paragraphs found
Requirement under regulation 8.02A of the SISR for appointments after 1 July 2013. …
Under ASA 300, the auditor is required to establish the overall audit strategy for the financial audit and this is mirrored in the guidance in ASAE 3100 for the compliance engagement. The overall audit strategy sets the scope, emphasis, timing, direction …
The audit plan documents the detailed implementation of the overall audit strategy. ASA 300 requires the auditor to develop and document the audit plan to record the key decisions and the nature, timing and extent of risk assessment procedures to be …
ASA 300 provides guidance on establishing the audit strategy for smaller entities. …
Auditor guidance and information, including information on the ATO’s electronic SMSF audit tool (eSAT) for use in conducting the compliance engagement, is available on the ATO website at https://www.ato.gov.au/Super/Self-managed-super-funds/SMSF-auditors …
Initial risk assessment and audit planning includes considering the method of data collection used by the preparer of the financial report for the SMSF. It is common to see the use of technology for data management and transfer and this may influence the …
‘IDPS’ means an investor directed portfolio service, consisting of a number of functions including a custody, settlement and reporting system and service. The clients of the service have the sole discretion to decide what assets will be acquired or …
Performance materiality refers to the amount or amounts set by the auditor at less than materiality for the financial report as a whole to reduce to an appropriately low level the probability that the aggregate of uncorrected and undetected misstatements …
The use of data-feeds for information transfer presents additional audit considerations regarding the appropriateness of the audit evidence used as the basis for the auditor’s …