84 paragraphs found
Accordingly, matters that pose challenges to the auditor in obtaining sufficient appropriate audit evidence or pose challenges to the auditor in forming an opinion on the financial report may be particularly relevant in the auditor’s determination of key …
… the matter involved a number of separate, but related, auditing considerations. For example, long-term contracts …
The auditor’s decision‑making process in determining key audit matters is designed to select a smaller number of matters from the matters communicated with those charged with governance, based on the auditor’s judgement about which matters were of most …
The requirement in paragraph 16 applies in three circumstances: The auditor determines in accordance with paragraph 10 that there are no key audit matters (see paragraph A59 ). The auditor determines in accordance with paragraph 14 that a key audit matter …
… and Emphasis of Matter paragraphs in accordance with that Auditing Standard. [14] …
The description may also make reference to the principal considerations that led the auditor, in the circumstances of the audit, to determine the matter to be one of most significance, for example: Economic conditions that affected the auditor’s ability …
The auditor’s determination of key audit matters is limited to those matters of most significance in the audit of the financial report of the current period, even when the comparative financial report is presented (i.e., even when the auditor’s opinion …
In addition to matters that relate to the specific required considerations in paragraph 9 , there may be other matters communicated with those charged with governance that required significant auditor attention and that therefore may be determined to be …
… matters determined in accordance with paragraph 9 of this Auditing Standard were of most significance in the audit of …
There may be challenges in describing the auditor’s procedures, particularly in complex, judgemental areas of the audit. In particular, it may be difficult to summarise the procedures performed in a succinct way that adequately communicates the nature …