31386 paragraphs found
The relationships between individual financial report items traditionally considered in the audit of business entities may not always be relevant in the audit of governments or other non-business public sector entities; for example, in many public sector …
The reliability of data is influenced by its source and nature and is dependent on the circumstances under which it is obtained. Accordingly, the following are relevant when determining whether data is reliable for purposes of designing substantive …
The auditor may consider testing the operating effectiveness of controls, if any, over the entity’s preparation of information used by the auditor in performing substantive analytical procedures in response to assessed risks. When such controls are …
The matters discussed in paragraphs A12(a)-A12(d) are relevant irrespective of whether the auditor performs substantive analytical procedures on the entity’s period end financial report, or at an interim date and plans to perform substantive analytical …
Evaluation Whether the Expectation Is Sufficiently Precise (Ref: Para. 5(c) ) …
Matters relevant to the auditor’s evaluation of whether the expectation can be developed sufficiently precisely to identify a misstatement that, when aggregated with other misstatements, may cause the financial report to be materially misstated, include: …
Amount of Difference of Recorded Amounts from Expected Values that Is Acceptable (Ref: Para. 5(d) ) …
The auditor’s determination of the amount of difference from the expectation that can be accepted without further investigation is influenced by materiality [7] and the consistency with the desired level of assurance, taking account of the possibility …