70 paragraphs found
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 , paragraphs 32-33 , 35-38 and 48 …
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 …