43 paragraphs found
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 …
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 …
… The requirements in this Auditing Standard are designed to assist the auditor in …
In the absence of identified or suspected non‑compliance, the auditor is not required to perform audit procedures regarding the entity’s compliance with laws and regulations, other than those set out in paragraphs 13–17 …
If the auditor suspects that management or those charged with governance are involved in non‑compliance, the auditor shall communicate the matter to the next higher level of authority at the entity, if it exists, such as an audit committee or supervisory …
As the financial reporting consequences of other laws and regulations can vary depending on the entity’s operations, the audit procedures required by paragraph 15 are directed to bringing to the auditor’s attention instances of non‑compliance with laws …
The auditor is required to discuss the suspected non‑compliance with the appropriate level of management and, where appropriate, those charged with governance, as they may be able to provide additional audit evidence. For example, the auditor may confirm …
… authority outside the entity. For example, when auditing the financial report of financial institutions, the …