108 paragraphs found
If the auditor determines that the work of the management’s expert is not appropriate for the auditor’s purposes, or does not address material errors, deviations, deficiencies in internal controls or other material matters, the auditor may agree with …
When the auditor concludes that the work of the management’s expert is appropriate for the auditor’s purposes, the auditor may use that expert’s findings or conclusions as appropriate audit evidence. The auditor then determines whether the management’s …
Although there are no specific documentation requirements in ASA 500 , the auditor is required to comply with the documentation requirements of ASA 230 [36] , that requires the auditor when evaluating the extent of documentation, to consider what audit …
The auditor may include in their documentation relevant extracts from the management’s expert’s findings, including the conclusions …
The auditor follows the documentation requirements of ASA 540 [37] when the management’s expert’s work is used in the preparation of an accounting …
The auditor does not refer to the work of the management’s expert in an auditor’s report containing an unmodified opinion unless required by law or regulation to do so. If such reference is required by law or regulation, the auditor indicates in the …
If the auditor makes reference to the work of the management’s expert in the auditor’s report because such reference is relevant to an understanding of a modification to the auditor’s opinion, the auditor provides a description of the matter giving rise …
Due to uncertainties that may be associated with the work undertaken by a management’s expert, the potential effects on the financial report and/or other historical financial information of any significant risks are likely to be of governance …
ASA 260 Communication with Those Charged with Governance contains the auditor’s responsibility to communicate with those charged with governance in an audit of a financial report. In relation to using the work of a management’s expert, the auditor, using …
There is no equivalent International Standard on Auditing or International Auditing Practice Statement to this Guidance Statement. …