31386 paragraphs found
For the purposes of this Auditing Standard, the following term has the meaning attributed below: Preconditions for an audit means the use by management of an acceptable financial reporting framework in the preparation of the financial report and the …
For the purposes of this Auditing Standard, references to “management” should be read hereafter as “management and, where appropriate, those charged with …
See ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards , paragraph 13 …
In order to establish whether the preconditions for an audit are present, the auditor shall: Determine whether the financial reporting framework to be applied in the preparation of the financial report is acceptable; and (Ref: Para. A2‑A10) Obtain the …
If management or those charged with governance impose a limitation on the scope of the auditor’s work in the terms of a proposed audit engagement such that the auditor believes the limitation will result in the auditor disclaiming an opinion on the …
If the preconditions for an audit are not present, the auditor shall discuss the matter with management. Unless required by law or regulation to do so, the auditor shall not accept the proposed audit engagement: If the auditor has determined that the …
The auditor shall agree the terms of the audit engagement with management or those charged with governance, as appropriate. (Ref: Para. A22) …
Subject to paragraph 11 of this Auditing Standard, the agreed terms of the audit engagement shall be recorded in an audit engagement letter or other suitable form of written agreement and shall include: (Ref: Para. A23‑A26) The objective and scope of the …
If law or regulation prescribes in sufficient detail the terms of the audit engagement referred to in paragraph 10 of this Auditing Standard, the auditor need not record them in a written agreement, except for the fact that such law or regulation applies …