195 paragraphs found
This Standard contains the objective of the firm in following this Standard, and requirements designed to enable the firm to meet that stated objective. In addition, it contains related guidance in the form of application and other explanatory material, …
The objective provides the context in which the requirements of this Standard are set, and is intended to assist the firm in: Understanding what needs to be accomplished; and Deciding whether more needs to be done to achieve the …
Where necessary, the application and other explanatory material provides further explanation of the requirements and guidance for carrying them out. In particular, it may: Explain more precisely what a requirement means or is intended to cover; and …
This Standard includes, under the heading “Definitions,” a description of the meanings attributed to certain terms for purposes of this Standard. These are provided to assist in the consistent application and interpretation of this Standard, and are not …
This Auditing Standard, ASQC 1 (the Standard), deals with the firm’s responsibilities for its system of quality control for audits and reviews of financial reports and other financial information, other assurance engagements and related services …
See ASA 102 Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements. …
Other pronouncements issued by Auditing and Assurance Standards Board (AUASB) set out additional standards and guidance on the responsibilities of firm personnel regarding quality control procedures for specific types of engagements. ASA 220, [1] for …