121 paragraphs found
See ASA 501 Audit Evidence — Specific Considerations for Inventory and Segment Information , paragraph 13 . …
The exercise of professional judgement in any particular case is based on the facts and circumstances that are known by the auditor. Consultation on difficult or contentious matters during the course of the audit, both within the engagement team and …
… ASA 570 [28] for further discussion. Relevant Australian Auditing Standards identify specific audit procedures to …
… Scalability considerations have been included in some Auditing Standards (e.g., ASA 315 ), illustrating the …
See, for example, ASA 260 Communication with Those Charged with Governance and paragraph 43 of ASA 240 The Auditor’s Responsibilities Relating to Fraud in an Audit of a Financial Report …
… See ASA 540 Auditing Accounting Estimates and Related Disclosures , and …
… some control risk will always exist. The Australian Auditing Standards provide the conditions under which the …
Risk of material misstatement means the risk that the financial report is materially misstated prior to audit. This consists of two components, described as follows at the assertion level: (Ref: Para A3) Inherent risk means the susceptibility of an …
For purposes of specifying additional considerations to audits of smaller entities, a “smaller entity” refers to an entity which typically possesses qualitative characteristics such as: Concentration of ownership and management in a small number of …
See ASA 330 ; ASA 500 ; ASA 520 Analytical Procedures ; and ASA 530 Audit Sampling . …