114 paragraphs found
When ASA 701 [13] applies, the conclusions reached by the engagement team in formulating the auditor’s report include determining: The key audit matters to be included in the auditor’s report; The key audit matters that will not be communicated in the …
Other matters relevant to evaluating the significant judgements made by the engagement team that may be considered in an engagement quality control review of a listed entity include: Significant risks identified during the engagement in accordance with …
In addition to the audits of financial reports of listed entities, an engagement quality control review is required for audit engagements that meet the criteria established by the firm that subjects engagements to an engagement quality control review. In …
In the public sector, a statutorily appointed auditor (for example, an Auditor‑General, or other suitably qualified person appointed on behalf of the Auditor‑General), may act in a role equivalent to that of engagement partner with overall responsibility …
Listed entities as referred to in paragraphs Aus 21.1 and A29 are not common in the public sector. However, there may be other public sector entities that are significant due to size, complexity or public interest aspects, and which consequently have a …
In considering deficiencies that may affect the audit engagement, the engagement partner may have regard to measures the firm took to rectify the situation that the engagement partner considers are sufficient in the context of that …
A deficiency in the firm’s system of quality control does not necessarily indicate that a particular audit engagement was not performed in accordance with Australian Auditing Standards, relevant ethical requirements, and applicable legal and regulatory …
Documentation of consultations with other professionals that involve difficult or contentious matters that is sufficiently complete and detailed contributes to an understanding of: The issue on which consultation was sought; and The results of the …
Issued by the International Auditing and Assurance Standards Board. …
See ASA 102 Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements . …