59 paragraphs found
When the auditor of a parent entity is also the auditor of a component, [*] the factors that may influence the decision whether to send a separate audit engagement letter to the component include the following: Who appoints the component auditor; …
Additional information that the auditor may request from management for the purpose of the audit may include when applicable, matters related to other information in accordance with ASA 720 . When the auditor expects to obtain other information after the …
… similar to those described in paragraph 6(b) of this Auditing Standard, the auditor may determine that the law or … shall use the description in paragraph 6(b) of this Auditing Standard. (Ref: Para. A27) …
One of the purposes of agreeing the terms of the audit engagement is to avoid misunderstanding about the respective responsibilities of management and the auditor. For example, when a third party has assisted with the preparation of the financial report, …
The auditor shall agree the terms of the audit engagement with management or those charged with governance, as appropriate. (Ref: Para. A22) …
The auditor shall not agree to a change in the terms of the audit engagement where there is no reasonable justification for doing so. …
See ASA 220 Quality Control for an Audit of a Financial Report and Other Historical Financial Information . …
See ASA 800 Special Considerations—Audits of Financial Reports Prepared in Accordance with Special Purpose Frameworks , paragraph 8 …
See ASA 701 Communicating Key Audit Matters in the Independent Auditor’s Report . …
… report and the auditor does not have suitable criteria for auditing the financial report. In many cases, the auditor …