Performance engagements — refer to Standard on Assurance Engagement ASAE 3500. …

As noted in paragraph 23, AUASB Standards are designed to be neutral with respect to the sector and the size of the entity subject to the engagement, and are intended to be applied, as appropriate, to engagements in both the public and private …

Where appropriate, additional considerations specific to the public sector are included within the application and other explanatory material of AUASB Standards. These additional considerations assist in the application of the requirements of the …

Due to the differences between engagements undertaken in the public and private sectors, public sector auditors and assurance practitioners may face challenges in applying the AUASB Standards in the public sector. For example, practitioners may need to …

interpreting terminology used in AUASB Standards that is not usually found in the public sector, for example, terms such as “client”, “listed entity”, “firm”, “partner”, “engagement partner” and “lead assurance …

applying AUASB Standards in delivering audit mandates established within legislation. …

distinguishing a compliance engagement from a financial audit with elements of compliance with law or regulation. …

determining materiality levels for public sector engagements where, for example, application of private sector benchmarks may not be appropriate and where the impact of qualitative considerations may be more …

identifying and communicating matters required to be reported by law or regulation within the structure of the opinion promulgated by the relevant AUASB …

complying with AUASB Standards in circumstances where it may be against the public interest to disclose certain sensitive information in publicly released …