31386 paragraphs found
The auditor shall obtain an understanding of the control activities component, through performing risk assessment procedures, by: (Ref: Para. A147–A157) Identifying controls that address risks of material misstatement at the assertion level in the control …
Control Deficiencies Within the Entity’s System of Internal Control …
Based on the auditor’s evaluation of each of the components of the entity’s system of internal control, the auditor shall determine whether one or more control deficiencies have been identified. …
Assessing Risks of Material Misstatement at the Financial Report Level …
The auditor shall identify the risks of material misstatement and determine whether they exist at: (Ref: Para. A186–A192) The financial report level; (Ref: Para. A193–A200) or The assertion level for classes of transactions, account balances and …
The auditor shall determine the relevant assertions and the related significant classes of transactions, account balances and disclosures. …
Assessing Risks of Material Misstatement at the Financial Report Level …
For identified risks of material misstatement at the financial report level, the auditor shall assess the risks and: (Ref: Para. A193–A200) Determine whether such risks affect the assessment of risks at the assertion level; and Evaluate the nature and …
Assessing Risks of Material Misstatement at the Assertion Level Assessing Inherent Risk (Ref: Para. A205–A217) …