107 paragraphs found
If the group engagement team does not consider that sufficient appropriate audit evidence on which to base the group audit opinion will be obtained from: the work performed on the financial information of significant components; the work performed on …
… information of the components, see paragraphs 26‑29 of this Auditing Standard. The group engagement team shall also … of the component auditors, see paragraphs 30‑31 of this Auditing Standard. …
For a component that is significant because it is likely to include significant risks of material misstatement of the group financial report due to its specific nature or circumstances, the group engagement team, or a component auditor on its behalf, …
The matters the group engagement team communicates to those charged with governance of the group may include those brought to the attention of the group engagement team by component auditors that the group engagement team judges to be significant to the …
In cooperating with the group engagement team, the component auditor(s), for example, would provide the group engagement team with access to relevant audit documentation if not prohibited by law or …
The auditor is required: [21] When establishing the overall audit strategy, to determine: Materiality for the financial report as a whole; and If, in the specific circumstances of the entity, there are particular classes of transactions, account …
… component auditor’s communication, see paragraph 41 of this Auditing Standard. The group engagement team shall: …
The group engagement team will not be able to obtain sufficient appropriate audit evidence if group management restricts the access of the group engagement team or a component auditor to the information of a significant …
Where law or regulation prohibits access to relevant parts of the audit documentation of the component auditor, the group engagement team may request the component auditor to overcome this by preparing a memorandum that covers the relevant …
For a component that is significant due to its individual financial significance to the group, the group engagement team, or a component auditor on its behalf, shall perform an audit of the financial information of the component using component …