30 paragraphs found
See ASA 102 Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements. …
The firm is required to comply with relevant ethical requirements, including those pertaining to independence, when performing audits and reviews, other assurance engagements and related services engagements, as defined in ASA 102 …
In the public sector, legislation may establish the appointments and terms of office of the auditor with engagement partner responsibility. As a result, it may not be possible to comply strictly with the engagement partner rotation requirements …
Suitably qualified external person means an individual outside the firm with the competence and capabilities to act as an engagement partner. For example: a partner of another firm, or a member (with appropriate experience) of a professional accountancy …
Law or regulation may prescribe the time limits by which the assembly of final engagement files for specific types of engagement is to be completed. Where no such time limits are prescribed in law or regulation, paragraph 45 requires the firm to …
For audits of financial reports of listed entities, the firm shall establish policies and procedures to require the engagement quality control review to also include consideration of the following: The engagement team’s evaluation of the firm’s …
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 …
Policies and procedures on withdrawal from an engagement or from both the engagement and the client relationship address issues that include the following: Discussing with the appropriate level of the client’s management and those charged with its …
The firm shall establish policies and procedures: (Ref: Para. A10‑Aus A10.1) Setting out criteria for determining the need to eliminate the circumstances that create a threat of long association with an entity to an acceptable level when using the same …
… Systems of quality control in compliance with this Auditing Standard are required to be established by …