74 paragraphs found
Special purpose financial statements – Financial statements prepared in accordance with a special purpose framework. (Ref: Para.A4) …
Special purpose framework – A financial reporting framework designed to meet the financial information needs of specific users. The financial reporting framework may be a fair presentation framework or a compliance framework. [2] …
Special purpose financial report means a complete set of financial statements [*] , including an assertion statement [#] by those responsible for the financial report, prepared in accordance with a special purpose framework. …
Reference to “ financial statements ” in this Auditing Standard means “a complete set of special purpose financial statements”. The requirements of the applicable financial reporting framework determine the presentation, structure, and content of the …
ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards on Auditing , paragraph 13(a) …
ASA 210 requires the auditor to determine the acceptability of the financial reporting framework applied in the preparation of the financial report. [3] In an audit of a special purpose financial report, the auditor shall obtain an understanding of: …
ASA 200 requires the auditor to comply with all Australian Auditing Standards relevant to the audit. [4] In planning and performing an audit of a special purpose financial report, the auditor shall determine whether application of the Australian Auditing …
ASA 315 requires the auditor to obtain an understanding of the entity’s selection and application of accounting policies. [5] In the case of a financial report prepared in accordance with the provisions of a contract, the auditor shall obtain an …