93 paragraphs found
See ASA 705, Modifications to the Opinion in the Independent Auditor’s Report , paragraphs 7–8 …
The following are examples of the types of policies and procedures an entity may implement to assist in the prevention and detection of non‑compliance with laws and regulations: Monitoring legal requirements and ensuring that operating procedures are …
Non‑compliance by the entity with laws and regulations may result in a material misstatement of the financial report. Detection of non‑compliance, regardless of materiality, may affect other aspects of the audit including, for example, the auditor’s …
Whether an act constitutes non‑compliance with laws and regulations is a matter to be determined by a court or other appropriate adjudicative body, which is ordinarily beyond the auditor’s professional competence to determine. Nevertheless, the auditor’s …
In accordance with specific statutory requirements, the auditor may be specifically required to report, as part of the audit of the financial report, on whether the entity complies with certain provisions of laws or regulations. In these circumstances, …
The nature and circumstances of the entity may impact whether relevant laws and regulations are within the categories of laws and regulations described in paragraphs 6(a) or 6(b) . Examples of laws and regulations that may be included in the categories …
In the public sector, there may be additional audit responsibilities with respect to the consideration of laws and regulations which may relate to the audit of the financial report or may extend to other aspects of the entity’s …
Law, regulation or relevant ethical requirements may require the auditor to perform additional procedures and take further action. For example, the APES 110 Code of Ethics for Professional Accountants (including Independence Standards) issued by the …
Non‑compliance also includes personal misconduct related to the business activities of the entity, for example, in circumstances where an individual in a key management position, in a personal capacity, has accepted a bribe from a supplier of the entity …