89 paragraphs found
Australian Auditing Standards are written in the context of an audit of a financial report; [17] they are to be adapted as necessary in the circumstances when applied to an audit of other historical financial information, such as a single financial …
A reasonable assurance engagement other than an audit of historical financial information is performed in accordance with Australian Standard on Assurance Engagements (ASAE) 3000. …
ASA 200 requires the auditor to comply with (a) relevant ethical requirements, including those pertaining to independence, relating to financial report audit engagements, and (b) all Australian Auditing Standards relevant to the audit. It also requires …
Compliance with the requirements of Australian Auditing Standards relevant to the audit of a single financial statement or of a specific element of a financial statement may not be practicable when the auditor is not also engaged to audit the entity’s …
A single financial statement or a specific element of a financial statement may be prepared in accordance with an applicable financial reporting framework that is based on a financial reporting framework established by an authorised or recognised …
The form of opinion to be expressed by the auditor depends on the applicable financial reporting framework and any applicable laws or regulations. [20] In accordance with ASA 700: [21] When expressing an unmodified opinion on a financial report prepared …
In the case of a single financial statement or of a specific element of a financial statement, the applicable financial reporting framework may not explicitly address the presentation of the financial statement or of the specific element of the financial …
The relevance of each of the Australian Auditing Standards requires careful consideration. Even when only a specific element of a financial statement is the subject of the audit, Australian Auditing Standards such as ASA 240, [22] ASA 550 [23] and …