31386 paragraphs found
Entities operating in the public sector may create and deliver value in different ways to those creating wealth for owners but will still have a ‘business model’ with a specific objective. Matters public sector auditors may obtain an understanding of …
It may also be necessary for the auditor to consider the implications of communicating about a matter determined to be a key audit matter in light of relevant ethical requirements. In addition, the auditor may be required by law or regulation to …
The issues considered by the auditor regarding a decision to not communicate a matter are complex and involve significant auditor judgement. Accordingly, the auditor may consider it appropriate to obtain legal …
Form and Content of the Key Audit Matters Section in Other Circumstances (Ref: Para. 16 ) …
The requirement in paragraph 16 applies in three circumstances: The auditor determines in accordance with paragraph 10 that there are no key audit matters (see paragraph A59 ). The auditor determines in accordance with paragraph 14 that a key audit matter …
The following illustrates the presentation in the auditor’s report if the auditor has determined there are no key audit matters to communicate: Key Audit Matters [Except for the matter described in the Basis for Qualified (Adverse) Opinion section or …
The determination of key audit matters involves making a judgement about the relative importance of matters that required significant auditor attention. Therefore, it may be rare that the auditor of a general purpose financial report of a listed entity …
ASA 102 [*] issued by the AUASB requires the assurance practitioner to comply with relevant ethical requirements. …
See ASA 102 Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements . …