28 paragraphs found
… This Auditing Standard deals with specific considerations by the … with ASA 330, [1] ASA 500 [2] and other relevant Australian Auditing Standards, with respect to certain aspects of …
… This Auditing Standard applies to: an audit of a financial report …
… This Auditing Standard also applies, as appropriate, to an audit …
In some cases where attendance is impracticable, alternative audit procedures, for example inspection of documentation of the subsequent sale of specific inventory items acquired or purchased prior to the physical inventory counting, may provide …
… addition to the procedures required by paragraph 4 of this Auditing Standard, perform audit procedures to obtain audit …
Observing the performance of management’s count procedures, for example those relating to control over the movement of inventory before, during and after the count, assists the auditor in obtaining audit evidence that management’s instructions and count …
… and the Conduct of an Audit in Accordance with Australian Auditing Standards, paragraph A48 . …
Relevant matters for consideration when designing audit procedures to obtain audit evidence about whether changes in inventory amounts between the count date, or dates, and the final inventory records are properly recorded include: Whether the perpetual …
In other cases, however, it may not be possible to obtain sufficient appropriate audit evidence regarding the existence and condition of inventory by performing alternative audit procedures. In such cases, ASA 705 requires the auditor to modify the …
Depending on the circumstances, for example where information is obtained that raises doubt about the integrity and objectivity of the third party, the auditor may consider it appropriate to perform other audit procedures instead of, or in addition to, …