89 paragraphs found
(Ref: Para. A3 ) Accounts receivable, allowance for doubtful accounts receivable, inventory, the liability for accrued benefits of a private superannuation plan, the recorded value of identified intangible assets, or the liability for “incurred but not …
“Element of a financial statement” or “element” means an “element, account or item of a financial statement;” …
“Australian Accounting Standards” means the Australian Accounting Standards issued by the Australian Accounting Standards Board; and …
A single financial statement or to a specific element of a financial statement includes the related disclosures. (Ref: Para. A2 …
ASA 260 requires the auditor to determine the appropriate person(s) within the entity’s governance structure with whom to communicate. [24] ASA 260 notes that, in some cases, all of those charged with governance are involved in managing the entity, and …
Furthermore, Australian Auditing Standards are written in the context of an audit of a financial report; they are to be adapted as necessary in the circumstances when applied to the audit of a single financial statement [26] or of a specific element of a …
Matters included in the auditor’s report on the financial report may have implications for the audit of a single financial statement or of an element of a financial statement (see paragraph 14 ). When planning and performing an audit of a single …
The individual financial statements that comprise a financial report, and many of the specific elements of that financial report, including their related disclosures, are interrelated. Accordingly, when auditing a single financial statement or a specific …