106 paragraphs found
See ASA 220 Quality Control for an Audit of a Financial Report , paragraphs 14 and 15 . …
See ASA 300 Planning an Audit of a Financial Report , paragraphs 7-12 . …
A review of the financial information of a component may be performed in accordance with ASRE 2410. [21] , [22] The group engagement team may also specify additional audit procedures to supplement this …
See ASA 320 Materiality in Planning and Performing an Audit , paragraphs 10-11 . …
The group engagement partner shall agree on the terms of the group audit engagement in accordance with ASA 210. [5] (Ref: Para. A20‑A21) …
The group engagement team’s assessment at group level of the risks of material misstatement of the group financial report is based on information such as the following: Information obtained from the understanding of the group, its components, and their …
… in addition to those required by ASA 260 [12] and other Auditing Standards: (Ref: Para. A66) An overview of the …
The terms of engagement identify the applicable financial reporting framework. [15] Additional matters may be included in the terms of a group audit engagement, such as the fact that: The communication between the group engagement team and the …
See ASQC 1 Quality Control for Firms that Perform Audits and Reviews of Financial Reports and Other Financial Information, Other Assurance Engagements and Related Services Engagements , paragraph 54 …
Appendix 1 contains an example of an auditor’s report containing a qualified opinion based on the group engagement team’s inability to obtain sufficient appropriate audit evidence in relation to a significant component accounted for by the equity method …