52 paragraphs found
When the service organisation maintains material elements of the accounting records of the user entity, direct access to those records may be necessary in order for the user auditor to obtain sufficient appropriate audit evidence relating to the …
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, …
When the user auditor’s risk assessment includes an expectation that controls at the service organisation are operating effectively, the user auditor shall obtain audit evidence about the operating effectiveness of those controls from one or more of the …
A type 1 or type 2 report that is as of a date or for a period that is outside of the reporting period of a user entity may assist the user auditor in obtaining a preliminary understanding of the controls implemented at the service organisation if the …
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 …
A service organisation may be required under the terms of the contract with user entities to disclose to affected user entities any fraud, non‑compliance with laws and regulations or uncorrected misstatements attributable to the service organisation’s …
See ASA 600 Special Considerations—Audits of a Group Financial Report (Including the Work of Component Auditors) , paragraphs 2 and 19 …
The contract or service level agreement between the user entity and the service organisation may provide for matters such as: The information to be provided to the user entity and responsibilities for initiating transactions relating to the activities …
… of controls at a service organisation (referred to in this Auditing Standard as a type 2 report) means a report that …