… This Auditing Standard also applies, as appropriate, to an audit …

… This Auditing Standard applies to: an audit of a financial report …

… This Auditing Standard deals with the auditor’s responsibility to … if any, on the financial report, in accordance with this Auditing Standard. [1]   ASA 320 [2] deals with the …

ASA 320 explains that, as the audit progresses, materiality for the financial report as a whole (and, if applicable, the materiality level or levels for particular classes of transactions, account balances or disclosures) is revised in the event of the …

… be regarded as clearly trivial (see paragraph 5 of this Auditing Standard); All misstatements accumulated during the … have been corrected (see paragraphs 5 , 8 and 12 of this Auditing Standard); and The auditor’s conclusion as to … and the basis for that conclusion (see paragraph 11 of this Auditing Standard). …

The auditor shall determine whether the overall audit strategy and audit plan need to be revised if: The nature of identified misstatements and the circumstances of their occurrence indicate that other misstatements may exist that, when aggregated with …

… For the purposes of this Auditing Standard, the following terms have the meanings …

Uncorrected misstatements means misstatements that the auditor has accumulated during the audit and that have not been corrected. …

… amount are accumulated as required by paragraph 5 of this Auditing Standard.  In addition, misstatements relating to … if not, are accumulated as required by paragraph 5 of this Auditing Standard. …

… Paragraph 5 of this Auditing Standard requires the auditor to accumulate …