367 paragraphs found
If the assurance practitioner has performed other engagements for the entity, the assurance practitioner shall consider whether information obtained from other engagements is relevant to identifying and assessing risks of material misstatement. …
The assurance practitioner shall make enquiries of the responsible party, and others within the entity as appropriate, to determine whether they have knowledge of any actual, suspected or alleged fraud or non‑compliance with laws and regulations affecting …
The engagement partner and other key members of the engagement team, and any key assurance practitioner’s external experts, shall discuss the susceptibility of the entity’s financial information to material misstatement whether due to fraud or error, and …
The assurance practitioner shall consider whether to use the work of any expert, [40] including the responsible party’s expert [41] or other assurance practitioner, in respect of obtaining sufficient appropriate evidence in respect of a material area or …
The concepts and discussions on auditors using the work of other experts are contained in ASA 620 Using the Work of an Auditor’s Expert and may be helpful in determining the extent of reliance by an assurance practitioner in an assurance …
The concepts and discussions on auditors assessing and placing reliance on the work performed by the entity’s expert are contained in ASA 500 Audit Evidence and may be helpful in determining the extent of reliance by an assurance practitioner in an …
In considering whether to use the work of an expert, the assurance practitioner shall take into account: the purpose for which the expert’s work is to be, or, was, performed; the risks of material misstatement in the material area or item within the …
If the assurance practitioner does intend to use the work of an expert, and consequently place reliance on the expert’s work, for the purposes of the engagement, the assurance practitioner shall consider if a written acknowledgement by the expert or other …
If the expert does not provide a required written acknowledgement, the assurance practitioner shall consider what additional procedures, if any, are necessary, in order for the assurance practitioner to place reliance on the expert’s work and conclude on …
If the expert does permit reliance to be placed on the work performed, the assurance practitioner shall evaluate the adequacy of the expert’s work for the assurance practitioner’s purposes by requesting access to the expert’s working papers in order to: …