31386 paragraphs found
The user auditor may make enquiries about the service auditor to the service auditor’s professional organisation or other practitioners and enquire whether the service auditor is subject to regulatory oversight. The service auditor may be practicing in a …
A type 1 or type 2 report, along with information about the user entity, may assist the user auditor in obtaining an understanding of: The aspects of controls at the service organisation that may affect the processing of the user entity’s …
A type 1 or type 2 report that is as of a date or for a period that is outside of the reporting period of a user entity may assist the user auditor in obtaining a preliminary understanding of the controls implemented at the service organisation if the …
Whether the use of a service organisation increases a user entity’s risk of material misstatement depends on the nature of the services provided and the controls over these services; in some cases, the use of a service organisation may decrease a user …
When the service organisation maintains material elements of the accounting records of the user entity, direct access to those records may be necessary in order for the user auditor to obtain sufficient appropriate audit evidence relating to the …
In determining the nature and extent of audit evidence to be obtained in relation to balances representing assets held or transactions undertaken by a service organisation on behalf of the user entity, the following procedures may be considered by the …
See ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards , paragraph 11 …