92 paragraphs found
In certain circumstances, a service provided by the service organisation may be designed with the assumption that certain controls will be implemented by the user entity. For example, the service may be designed with the assumption that the user entity …
If the user auditor believes that the service auditor’s report may not provide sufficient appropriate audit evidence, for example, if a service auditor’s report does not contain a description of the service auditor’s tests of controls and results thereon, …
The service auditor’s type 2 report identifies results of tests, including exceptions and other information that could affect the user auditor’s conclusions. Exceptions noted by the service auditor or a modified opinion in the service auditor’s type 2 …
The user auditor is required to communicate in writing significant deficiencies identified during the audit to both management and those charged with governance on a timely basis. [11] The user auditor is also required to communicate to management at an …
In some cases, law or regulation may require a reference to the work of a service auditor in the user auditor’s report, for example, for the purposes of transparency in the public sector. In such circumstances, the user auditor may need the consent of …
The fact that a user entity uses a service organisation does not alter the user auditor’s responsibility under the Australian Auditing Standards to obtain sufficient appropriate audit evidence to afford a reasonable basis to support the user auditor’s …
See ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards , paragraphs 4 and A2-A3 …
See ASA 600 Special Considerations—Audits of a Group Financial Report (Including the Work of Component Auditors) , paragraphs 2 and 19 …