70 paragraphs found
This objective of the auditor is to prepare documentation that provides: A sufficient and appropriate record of the basis for the auditor’s report; and Evidence that the audit was planned and performed in accordance with Australian Auditing Standards …
For the purposes of this Auditing Standard, the following terms have the meanings attributed below: …
Audit documentation means the record of audit procedures performed, relevant audit evidence obtained, and conclusions the auditor reached (terms such as “working papers” or “workpapers” are also sometimes …
Audit file means one or more folders or other storage media, in physical or electronic form, containing the records that comprise the audit documentation for a specific …
Experienced auditor means an individual (whether internal or external to the firm) who has practical audit experience, and a reasonable understanding of: Audit processes; Australian Auditing Standards and applicable legal and regulatory requirements; The …
The auditor shall prepare audit documentation on a timely basis. (Ref: Para. A1) …
The auditor shall prepare audit documentation that is sufficient to enable an experienced auditor, having no previous connection with the audit, to understand: (Ref: Para. A2‑A5 , A16‑A17) The nature, timing, and extent of the audit procedures performed …
In documenting the nature, timing and extent of audit procedures performed, the auditor shall record: The identifying characteristics of the specific items or matters tested; (Ref: Para. A12) Who performed the audit work and the date such work was …
The auditor shall document discussions of significant matters with management, those charged with governance, and others, including the nature of the significant matters discussed and when and with whom the discussions took place. …