70 paragraphs found
Care is necessary when communicating with those charged with governance about the planned scope and timing of the audit so as not to compromise the effectiveness of the audit, particularly where some or all of those charged with governance are involved in …
… for performing the audit in accordance with Australian Auditing Standards, which is directed towards the expression … on the financial report. The matters that Australian Auditing Standards require to be communicated, therefore, … the financial reporting process. The fact that Australian Auditing Standards do not require the auditor to design …
Matters communicated may include: How the auditor plans to address the significant risks of material misstatement, whether due to fraud or error. How the auditor plans to address areas of higher assessed risks of material misstatement. The auditor’s …
… course of an audit, including matters required by this Auditing Standard to be communicated with those charged with …
In addition to the significance of a particular matter, the form of communication (e.g., whether to communicate orally or in writing, the extent of detail or summarisation in the communication, and whether to communicate in a structured or unstructured …
… Where matters required by this Auditing Standard to be communicated are communicated …
… consultations with other accountants on accounting or auditing matters. Discussions or correspondence in … auditor regarding accounting practices, the application of auditing standards, or fees for audit or other services. …
… may also be made as part of the concluding discussion. When auditing both general purpose and special purpose financial …
The communication of findings from the audit may include requesting further information from those charged with governance in order to complete the audit evidence obtained. For example, the auditor may confirm that those charged with governance have the …