31386 paragraphs found
In forming an opinion on the financial report in accordance with ASA 700, [12] the auditor shall evaluate: (Ref: Para. A46 ) Whether the identified related party relationships and transactions have been appropriately accounted for and disclosed in …
Where the applicable financial reporting framework establishes related party requirements, the auditor shall obtain written representations from management and, where appropriate, those charged with governance that: (Ref: Para. A48‑A49 ) They have …
Unless all of those charged with governance are involved in managing the entity, [13] the auditor shall communicate with those charged with governance significant matters arising during the audit in connection with the entity’s related parties. …
If the auditor is unable to: the auditor shall modify the auditor’s opinion in accordance with ASA 705. * obtain sufficient appropriate audit evidence regarding related parties and related party transactions; or form a conclusion as to the completeness …
If the auditor concludes that the related party disclosures in the financial report do not satisfy the requirements of the applicable financial reporting framework, the auditor shall modify the auditor’s opinion in accordance with ASA 705 …
The auditor shall include in the audit documentation the names of the identified related parties and the nature of the related party relationships. …
See ASA 700 Forming an Opinion and Reporting on a Financial Report , paragraphs 10-15 . …