17 paragraphs found
The service auditor’s description of work performed by the internal audit function may be presented in a number of ways, for example: By including introductory material to the description of tests of controls indicating that certain work of the internal …
Internal auditors―those individuals who perform the activities of the internal audit function. Internal auditors may belong to an internal audit department or equivalent …
If the service organisation has an internal audit function, the service auditor shall obtain an understanding of the nature of the responsibilities of the internal audit function and of the activities performed in order to determine whether the internal …
An internal audit function may be responsible for providing analyses, evaluations, assurances, recommendations, and other information to management and those charged with governance. An internal audit function at a service organisation may perform …
See ASQC 1 Quality Control for Firms that Perform Audits and Reviews of Financial Reports and Other Financial Information, Other Assurance Engagements and Related Services Engagements , Para. Aus 12.2 and ASA 220 Quality Control for an Audit of a …
Internal audit function―a function of an entity that performs assurance and consulting activities designed to evaluate and improve the effectiveness of the entity’s governance, risk management and internal control …
Irrespective of the degree of autonomy and objectivity of the internal audit function, such function is not independent of the service organisation as is required of the service auditor when performing the engagement. The service auditor has sole …
See ASA 402 Audit Considerations Relating to an Entity Using a Service Organisation . …
User auditor―an auditor who audits and reports on the financial report/statements of a user entity. [7] …
See ASAE 3000 Assurance Engagements Other Than Audits or Reviews of Historical Financial Information , paragraph 12(r) . …