31386 paragraphs found
The term Engagement Partner is defined in ASA 220 and ASQM 1 as “the partner or other individual, appointed by the firm, who is responsible for the audit engagement and its performance, and for the auditor’s report [emphasis added] that is issued on …
In the public sector, an Auditor-General, or other suitably qualified individual appointed on behalf of the Auditor-General, may act in a role equivalent to that of the Engagement Partner with overall responsibility for a public sector …
Challenges may arise in relation to some aspects of ASA 220 in the public sector when the individual assigned responsibility for the audit engagement and its performance in practice, is not also the individual responsible for signing and issuing the …
the concept of Engagement Partner in the public sector (ASA 220, paragraph 12(a)); and …
The responsibility to form an opinion or conclusion and to report outcomes is usually the domain of the respective Auditor-General. Depending on the legislative mandate in each jurisdiction, an Auditor-General may in some …
engage a private sector auditor or audit firm under contract to assist and/or undertake certain functions of the Auditor-General; …
delegate to a person employed in the Auditor-General’s Office, or to a private sector auditor or audit firm, the power to express an opinion or conclusion, or to make a …
In addition to legislatively mandated engagements, legislation may enable an Auditor-General to undertake audits or audit-related services by arrangement - that is, a public sector entity, a minister or the Legislature may request audits or audit-related …
AuditorsGeneral in Australia may be mandated to perform different types of assurance engagements on any subject of relevance to the responsibilities of management and those charged with governance of a public sector entity and the application of public …