31386 paragraphs found
In some jurisdictions, law or regulation prescribing management’s responsibilities may specifically refer to a responsibility for the adequacy of accounting books and records, or accounting system. As books, records and systems are an integral part of …
The Appendix to this Auditing Standard provides illustrations of how the requirement in paragraph 34(b) would be applied when the Australian Accounting Standards are the applicable financial reporting framework. If an applicable financial reporting …
When some, but not all, of the individuals involved in the oversight of the financial reporting process are also involved in preparing the financial report, the description as required by paragraph 35 may need to be modified to appropriately reflect the …
Auditor’s Responsibilities for the Audit of the Financial Report (Ref: Para. 37–40 ) …
The description of the auditor’s responsibilities as required by paragraphs 37–40 may be tailored to reflect the specific nature of the entity, for example, when the auditor’s report addresses a group’s financial report. [Aus] Illustration 2A in the …
When the auditor’s further audit procedures include testing how management made the accounting estimate or developing an auditor’s point estimate or range, the auditor is required to obtain sufficient appropriate audit evidence about disclosures that …
ASA 450 also provides guidance regarding qualitative disclosures [65] and when misstatements in disclosures could be indicative of fraud. …
When the financial report is prepared in accordance with a fair presentation framework, the auditor’s evaluation as to whether the financial report achieves fair presentation [61] includes the consideration of the overall presentation, structure and …