59 paragraphs found
The objective of the auditor is to accept or continue an audit engagement only when the basis upon which it is to be performed has been agreed, through: Establishing whether the preconditions for an audit are present; and Confirming that there is a …
… For the purposes of this Auditing Standard, the following term has the meaning …
… If the conditions outlined in paragraph 19 of this Auditing Standard are not present and the auditor is …
When the auditor is not required to communicate key audit matters, it may be helpful for the auditor to make reference in the terms of the audit engagement to the possibility of communicating key audit matters in the auditor’s report and, in certain …
… different from the requirements of the Australian Auditing Standards. In these circumstances, the auditor … with such law or regulation does not comply with Australian Auditing Standards. Accordingly, the auditor shall not … audit having been conducted in accordance with Australian Auditing Standards. [6] (Ref: Para. A38‑A39) …
In the public sector, specific requirements may exist within the legislation governing the audit mandate; for example, the auditor may be required to report directly to a minister, the legislature or the public if the entity attempts to limit the scope of …
If the auditor is unable to agree to a change of the terms of the audit engagement and is not permitted by management to continue the original audit engagement, the auditor shall: Withdraw from the audit engagement where possible under applicable law or …
… This Auditing Standard also applies, as appropriate, to an audit …
The auditor may decide not to send a new audit engagement letter or other written agreement each period. However, the following factors may make it appropriate to revise the terms of the audit engagement or to remind the entity of existing terms: Any …
Where management will not acknowledge its responsibilities, or agree to provide the written representations, the auditor will be unable to obtain sufficient appropriate audit evidence. [13] In such circumstances, it would not be appropriate for the …