31386 paragraphs found
Clear communication of specific matters required to be communicated by Australian Auditing Standards is an integral part of every audit. Australian Auditing Standards do not, however, require the auditor to perform procedures specifically to identify any …
In some jurisdictions, law or regulation may restrict the auditor’s communication of certain matters with those charged with governance. Law or regulation may specifically prohibit a communication, or other action, that might prejudice an investigation …
See ASA 265 Communicating Deficiencies in Internal Control to Those Charged with Governance and Management . …
The auditor shall determine the appropriate person(s) within the entity’s governance structure with whom to communicate. (Ref: Para. A1–A4 …
If the auditor communicates with a subgroup of those charged with governance, for example, an audit committee, or an individual, the auditor shall determine whether the auditor also needs to communicate with the governing body. (Ref: Para. A5–A7 …
When All of Those Charged with Governance Are Involved in Managing the Entity …
In some cases, all of those charged with governance are involved in managing the entity, for example, a small business where a single owner manages the entity and no one else has a governance role. In these cases, if matters required by this Auditing …
The Auditor’s Responsibilities in Relation to the Financial Report Audit …