444 paragraphs found
ASA 805 also requires that application of the financial reporting framework result in a presentation that provides adequate disclosures to enable the intended users to understand the information conveyed in the report. [108] The general concept of …
The principles set out in paragraphs 281 and 282 also apply to the appointed auditor’s conclusion on the financial information included in the Part B Specified ADI Reporting Forms, where the auditor is required to provide limited assurance, in accordance …
APRA has agreed the prescribed form of the assurance report for the purposes of APS 310/3PS 310 and APS 910. In particular as it pertains to Part C and the application of ASAE 3150 requirements, as it may not be practicable for the appointed auditor to …
Assurance reports are tailored to the specific assurance engagement circumstances. Although not specifically required, the appointed auditor may consider it appropriate to include other information and explanations that do not directly affect the …
The appointed auditor needs to ensure that this additional information is clearly separated from the auditor’s opinion/conclusions, and worded in a manner to ensure that it does not affect the opinion/conclusions. This can be achieved, for example, by …
Refer to Appendix 4 of this Guidance Statement for an illustrative example of the auditor’s annual prudential assurance report, prepared pursuant to APRA’s APS 310 and 3PS 310 annual reporting requirements. The format and content of this report has been …
APRA requires the timing of the annual APS 910 engagement to be aligned with the annual APS 310 engagement. Although there will be some overlap between APS 310/3PS 310 and APS 910 engagements, APRA’s preference is that separate reports be prepared for the …
Therefore, all APS 910 requirements (compliance and controls) are aggregated into a separate APS 910 auditor’s report and, to avoid duplication, are excluded from the APS 310 …
Where the APS 910 auditor’s report is modified, this is referred to in the APS 310/3PS 310 auditor’s report and may lead to a modification of the APS 310/3PS 310 auditor’s …
Refer to Appendix 5 of this Guidance Statement for an illustrative example of the auditor’s annual prudential assurance report, prepared pursuant to APRA’s APS 910 annual reporting requirements. The format and content of this report has been approved by …