445 paragraphs found
Including the auditor appointed under APS 310, 3PS 310 and APS 910. …
APS 910 [39] requires the appointed auditor, in accordance with APS 310, to provide limited assurance that: the ADI [40] has controls that are designed to ensure that Single Customer View (SCV) data as set out in APS 910 Attachment A, to the extent …
In gaining an understanding of the entity and its environment, the appointed auditor can draw on knowledge gained as part of the annual financial statement audit conducted under the Corporations Act. However, this understanding needs to be updated and …
The auditor obtains an understanding of the entity’s internal controls, the system within which the controls operate and the control components within the system, that are relevant to the assurance engagement, having regard to the requirements and …
In accordance with the requirements of the relevant AUASB Standards, the auditor designs and performs assurance procedures, the nature, timing and extent of which are responsive to the assessed risks of material misstatement, material deficiencies or …
The table in Appendix 1 of this Guidance Statement provides an outline of the subject matter and criteria relevant to each part of the assurance engagement, as well as applicable AUASB …
Data collected in ADI Reporting Forms are primarily used by APRA for the purpose of prudential regulation and supervision of individual ADIs. The data may also be used by the RBA for the overall supervision of the stability of the financial system and for …
The concept of reliability is to be viewed in the context of the reliability of the data for the intended use by the identified users. …
The auditor considers materiality, in accordance with the requirements of AUASB Standards applicable to each section of the assurance engagement, when planning and performing the engagement. During the engagement the auditor re-assesses materiality if …