37 paragraphs found
… This Auditing Standard on Review Engagements (Auditing Standard) deals with the auditor’s responsibilities … review report. The term “auditor” is used throughout this Auditing Standard, not because the auditor is performing an …
… scope than an audit conducted in accordance with Australian Auditing Standards and consequently does not enable the …
… may decide also to perform, at the time of the review, auditing procedures that would need to be performed for the … of the annual financial report, for example, performing auditing procedures on: significant or unusual transactions …
The auditor may have expressed a qualified opinion on the audit of the latest annual financial report because of a limitation on the scope of that audit. The auditor needs to consider whether that limitation on scope still exists and, if so, the …
… and the Conduct of an Audit in Accordance with Australian Auditing Standards . …
… that of an audit conducted in accordance with Australian Auditing Standards. A review of a financial report does not …
A review, in contrast to an audit, is not designed to obtain reasonable assurance that the financial report is free from material misstatement. A review consists of making enquiries, primarily of persons responsible for financial and accounting matters, …
… of the financial report was conducted in accordance with Auditing Standard on Review Engagements ASRE 2410 Review of …
The procedures performed by the auditor to update the understanding of the entity and its environment, including its internal control, ordinarily include the following: reading the documentation, to the extent necessary, of the preceding year’s audit, …