193 paragraphs found
Management’s responsibilities include the preparation of the financial report in accordance with the applicable financial reporting framework. [38] Financial reporting frameworks, including Australian Accounting Standards, often require disclosures in the …
In representing that the financial report is in accordance with the applicable financial reporting framework, management implicitly or explicitly makes assertions regarding the presentation and disclosure of the various elements of financial statements …
Consideration of the appropriateness of presentation, for example on short-term and long-term classification, in substantive testing of financial instruments is relevant to the auditor’s evaluation of the presentation and …