56 paragraphs found
Regulators may also, pursuant to legislative requirements, request access to audit working papers. When access to audit working papers is required by a regulator, the auditor provides access in accordance with the requirements of the relevant …
The base level financial requirements (refer paragraph 18 ) and other financial requirement conditions, as set out in ASIC Pro Forma 209 (PF 209), do not apply, but FS70 and FS71 are still required to be lodged with ASIC, if the Licensee is either: inform …
… is required to be prepared in accordance with applicable Auditing Standards. [1] The protocols outlined in this …
… assist them in the audit of the controlling entity. Under Auditing Standard ASA 600 Using the Work of Another Auditor …
Access to the audit working papers by third parties, without receipt of appropriate releases, indemnities and waivers of reliance, could place the auditor at risk of a legal claim by the third party based on the results of their access to the audit …
An “audit file” is a file that contains the audit working papers as defined in (b) above, and those other documents that are excluded for the purposes of allowing third party access, as enumerated in paragraph 8 …
When a regulator seeks access to audit working papers, the relevant legislative provisions may permit the regulator to access documents or information that do not form part of the auditor’s audit working papers as outlined in paragraph 8 …
The Example Letters in Appendix 1 are designed to facilitate access to the auditor’s audit working papers when access is sought by a third party. The Example Letters record the agreed basis on which an auditor may be prepared to provide access to their …
… balances for the year are fairly stated in accordance with Auditing Standard ASA 510 Initial Engagements–Opening …
In undertaking an engagement, the auditor might access or incorporate within their audit file confidential communications made between, or confidential documents prepared by, the audit client and their legal counsel(s). When the dominant purpose of these …