47 paragraphs found
… financial information, complies with the requirements of Auditing Standard ASA 600 Special Considerations – Audits of …
As explained in ASAE 3000, a limited assurance engagement is substantially less in scope than a reasonable assurance engagement. In a reasonable assurance engagement, as the auditor’s objective is to provide a high, but not absolute, level of assurance, …
Refer to APRA’s website: https://www.apra.gov.au/financial-claims-scheme-frequently-asked-technical-questions-for-authorised-deposit-taking , under section 2 Audit and attestation (Questions 2.1 and 2.3, June …
Interpretation of the word “reliable” in the context of reporting on controls in place to ensure reliable data is provided to APRA in ADI Reporting Forms throughout the financial reporting period, has practical limitations in some circumstances. For many …
As required under APS 310, 3PS 310 and APS 910, the appointed auditor of an ADI and ADI Group generally reports simultaneously to APRA and the ADI’s Board (or Board Audit Committee) [105] , within three [106] months of the end of the financial year of the …
This Guidance Statement provides guidance that may be considered and adapted as necessary in the circumstances, to assurance engagements undertaken pursuant to APRA Reporting Standard RRS 710.0 ABS/RBA Audit Requirements for Registered Financial …
… engagements under prudential standards: Applicable Auditing Standards (ASAs), adapted as necessary in the … on historical financial information. In applying Australian Auditing Standards to the engagement, the auditor has regard …
… independence requirements stipulated under both CPS 510 and Auditing Standard ASA 102 [43] . Furthermore, the auditor …
The appointed auditor’s review of subsequent events may include the following procedures: reading minutes of the ADI’s Board, as well as minutes of any sub committees responsible, for example, for risk, compliance and audit, held after balance date and …
… Reporting Forms, the auditor complies with all Australian Auditing Standards relevant to a reasonable assurance …