84 paragraphs found
Events or transactions that had a significant effect on the financial report or the audit may be areas of significant auditor attention and may be identified as significant risks. For example, the auditor may have had extensive discussions with …
… Early adoption, in conjunction with ASA 540 Auditing Accounting Estimates and Related Disclosures, …
See ASA 320 Materiality in Planning and Performing the Audit , paragraph 4 . …
… See ASA 540 Auditing Accounting Estimates and Related Disclosures , …
Requiring auditors to communicate key audit matters in the auditor’s report may also enhance communications between the auditor and those charged with governance about those matters, and may increase attention by management and those charged with …
Law or regulation may preclude public disclosure by either management or the auditor about a specific matter determined to be a key audit matter. For example, law or regulation may specifically prohibit any public communication that might prejudice an …
See ASA 220 Quality Control for an Audit of a Financial Report , paragraph 18 . …
ASA 315 defines a significant risk as an identified and assessed risk of material misstatement that, in the auditor’s judgement, requires special audit consideration. Areas of significant management judgement and significant unusual transactions may …
See ASA 240 The Auditor’s Responsibilities Relating to Fraud in an Audit of a Financial Report , paragraphs 26–27 . …
See ASA 600 Special Considerations— Audits of a Group Financial Report ( Including the Work of Component Auditors ), paragraph 49(d) …