31386 paragraphs found
See ASA 600 Special Considerations—Audits of a Group Financial Report (Including the Work of Component Auditors). …
Management makes a number of judgements about the amounts and disclosures in the financial report. …
ASA 260 contains a discussion of the qualitative aspects of accounting practices. [19] In considering the qualitative aspects of the entity’s accounting practices, the auditor may become aware of possible bias in management’s judgements. The auditor may …
ASA 540 addresses possible management bias in making accounting estimates. [20] Indicators of possible management bias do not constitute misstatements for purposes of drawing conclusions on the reasonableness of individual accounting estimates. They …
In evaluating whether the financial report appropriately discloses the significant accounting policies selected and applied, the auditor’s consideration includes matters such as: Whether all disclosures related to the significant accounting policies that …
Evaluating the understandability of the financial report includes consideration of such matters as whether: The information in the financial report is presented in a clear and concise manner. The placement of significant disclosures gives appropriate …