170 paragraphs found
In developing a unique single-form MSE report, the auditor seeks efficiency by avoiding repetition through blending similar reporting requirements when appropriate, but without blurring the different sections of the MSE. For example: A single paragraph …
If the auditor considers it necessary to communicate a matter other than those that are presented or disclosed in the entity’s relevant financial or other reports that, in the auditor’s judgement, is relevant to the users’ understanding of the audit, the …
If the auditor addresses other reporting responsibilities that are in addition to the auditor’s responsibilities under the AUASB Standards, the auditor considers use of a separate section of the report titled “Report on Other Legal and Regulatory …
Although applicable to audits under the Australian Auditing Standards, the following extracts are consistent with requirements under ASAE 3000 and provide helpful guidance on the considerations to be applied regardless of which AUASB Standards apply: ASA …
When an auditor determines that the prescribed reporting requirements do not align with, or conform to, the requirements of the relevant AUASB Standards, the auditor, as appropriate: Communicates with the relevant authority, individual or group, seeking …
Prescribed reporting formats may, for example, not include reference to management’s responsibilities for the preparation of the entity’s reports (financial, non-financial). In such cases, an “Other Matter” paragraph can be used to describe management’s …
When the auditor is not able to decline the engagement and is prevented from amending or adding to a prescribed auditor’s report, the auditor has been prevented from exercising professional judgement as required by the AUASB Standards. Accordingly, the …
Appendix 7 provides further considerations relating to prescribed auditor’s reports. …
This Guidance Statement applies to auditors and other independent assurance practitioners [1] , referred to as the “auditor” in this Guidance Statement, when the engagement comprises: A single subject [2] grant acquittal [3] (SSGA) achieved through a …
Engagements described in paragraph 1(b) necessitate compliance with the requirements of different reporting frameworks and different AUASB Standards and may therefore involve: Evaluation against different criteria, including reporting frameworks; The …