43 paragraphs found
Audit procedures applied to form an opinion on the financial report may bring instances of non‑compliance or suspected non‑compliance with laws and regulations to the auditor’s attention. For example, such audit procedures may include: Reading minutes; …
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, …
… and regulations, which may differ from or go beyond this Auditing Standard, such as: (Ref: Para. A8 ) Responding to … auditor’s work in accordance with this and other Australian Auditing Standards (e.g., regarding the integrity of …
… planned and performed in accordance with the Australian Auditing Standards. [2] In the context of laws and …
If the auditor is precluded by management or those charged with governance from obtaining sufficient appropriate audit evidence to evaluate whether non‑compliance that may be material to the financial report has, or is likely to have, occurred, the …
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 …
In the case of an audit conducted under the Corporations Act 2001 , the auditor may need to consider the provisions relating to the protection for whistleblowers contained in Part 9.4AAA of the Corporations Act 2001 when communicating identified or …
If sufficient information about suspected non‑compliance cannot be obtained, the auditor shall evaluate the effect of the lack of sufficient appropriate audit evidence on the auditor’s …
See ASA 701 , Communicating Key Audit Matters in the Independent Auditor’s Report …
The auditor shall include in the audit documentation [8] identified or suspected non‑compliance with laws and regulations and: (Ref: Para. A35–A36 ) The audit procedures performed, the significant professional judgements made and the conclusions reached …