114 paragraphs found
The engagement partner shall take responsibility for reviews being performed in accordance with the firm’s review policies and procedures. (Ref: Para. A17‑A18, …
On or before the date of the auditor’s report, the engagement partner shall, through a review of the audit documentation and discussion with the engagement team, be satisfied that sufficient appropriate audit evidence has been obtained to support the …
The engagement partner shall: Take responsibility for the engagement team undertaking appropriate consultation on difficult or contentious matters; Be satisfied that members of the engagement team have undertaken appropriate consultation during the course …
For audits of financial reports of listed entities, and those other audit engagements, if any, for which the firm has determined that an engagement quality control review is required, the engagement partner shall: Determine that an engagement quality …
The engagement quality control reviewer shall perform an objective evaluation of the significant judgements made by the engagement team, and the conclusions reached in formulating the auditor’s report. This evaluation shall involve: Discussion of …
For audits of financial reports of listed entities, and those other audit engagements, if any, for which the firm has determined that an engagement quality control review is required, the engagement quality control reviewer, on performing an engagement …
If differences of opinion arise within the engagement team, with those consulted or, where applicable, between the engagement partner and the engagement quality control reviewer, the engagement team shall follow the firm’s policies and procedures for …
An effective system of quality control includes a monitoring process designed to provide the firm with reasonable assurance that its policies and procedures relating to the system of quality control are relevant, adequate, and operating effectively. The …
The auditor shall include in the audit documentation: [4] Issues identified with respect to compliance with relevant ethical requirements and how they were resolved. Conclusions on compliance with independence requirements that apply to the audit …