106 paragraphs found
For a component that is significant due to its individual financial significance to the group, the group engagement team, or a component auditor on its behalf, shall perform an audit of the financial information of the component using component …
… auditor’s communication, see paragraph 41(c) of this Auditing Standard, is the financial information that is …
A member of the group engagement team may perform work on the financial information of a component for the group audit at the request of the group engagement team. Where this is the case, such a member of the engagement team is also a component …
The group engagement partner is responsible for the direction, supervision and performance of the group audit engagement in compliance with professional standards and applicable legal and regulatory requirements, and whether the auditor’s report that is …
The group engagement team shall include in the audit documentation the following matters: [13] An analysis of components, indicating those that are significant, and the type of work performed on the financial information of the components. The nature, …
Where component auditors perform work other than audits of the financial information of components, the group engagement team shall request the component auditors to notify the group engagement team if they become aware of subsequent events that may …
… by the group engagement team, see paragraph 40(c) of this Auditing Standard); Indicators of possible management …
The group engagement team’s access to information may be restricted by circumstances that cannot be overcome by group management, for example laws relating to confidentiality and data privacy, or denial by the component auditor of access to relevant audit …
The group engagement team shall design and perform further audit procedures on the consolidation process to respond to the assessed risks of material misstatement of the group financial report arising from the consolidation process. This shall include …