14 paragraphs found
… may appear to be operating effectively. [23] The risk of management override of controls is higher if … influence with parties with which the entity does business because these relationships may present management … with related parties designed to misrepresent the business rationale of these transactions. Fraudulently …
… of the control environment relevant to mitigating the risks of material misstatement associated with related party … party transactions outside the entity’s normal course of business, including whether those charged with governance have appropriately challenged the business rationale of such transactions (for example, by …
… related parties are likely to form part of the auditor’s risk assessment procedures and related activities performed … organisational structure, ownership, governance and business model. In the particular case of common control …
… management and others within the entity, and perform other risk assessment procedures considered appropriate, to obtain … transactions and arrangements outside the normal course of business. …