31386 paragraphs found
ASA 220 provides guidance regarding documentation of the performance of the requirements of the Standard, including examples of different ways the Signing Officer’s involvement throughout the engagement may be …
An Auditor-General may be able to engage a private sector auditor or firm under contract, to perform audit engagements or audit procedures. Contracted auditors are ‘service providers’ under ASQM 1. ASQM 1 includes requirements and related guidance to …
In applying ASQM 1, Audit Offices will have policies and procedures in place to manage quality in respect of engagements performed by Audit Service Providers on behalf of the …
ASQM 1 explains that, notwithstanding that an Audit Office may use resources from a service provider in the performance of engagements, the Audit Office remains responsible for its system of quality …
As responsibility for quality remains with the Audit Office (statutory auditor), Audit Offices may consider establishing policies or procedures, for example, …
Confirm that contracted Audit Service Providers have sufficient personnel with the appropriate competencies and capabilities, including sufficient time, to deliver assigned work in accordance with contractual …
Confirm that contracted Audit Service Providers meet the relevant ethical standards, including independence, on appointment and periodically …
Ensure contracted-out engagements are included within the scope of the Audit Office’s quality management arrangements. …
Review all audit deliverables to be issued to those charged with governance. …