93 paragraphs found
See ASA 315, Identifying and Assessing the Risks of Material Misstatement , paragraph 19 …
See ASA 260, Communication with Those Charged with Governance , paragraph 13 …
See ASA 705, Modifications to the Opinion in the Independent Auditor’s Report , paragraphs 7–8 …
It is the responsibility of management, with the oversight of those charged with governance, to ensure that the entity’s operations are conducted in accordance with laws and regulations. Laws and regulations may affect an entity’s financial report in …
The following are examples of the types of policies and procedures an entity may implement to assist in the prevention and detection of non‑compliance with laws and regulations: Monitoring legal requirements and ensuring that operating procedures are …
Non‑compliance by the entity with laws and regulations may result in a material misstatement of the financial report. Detection of non‑compliance, regardless of materiality, may affect other aspects of the audit including, for example, the auditor’s …
Whether an act constitutes non‑compliance with laws and regulations is a matter to be determined by a court or other appropriate adjudicative body, which is ordinarily beyond the auditor’s professional competence to determine. Nevertheless, the auditor’s …
In accordance with specific statutory requirements, the auditor may be specifically required to report, as part of the audit of the financial report, on whether the entity complies with certain provisions of laws or regulations. In these circumstances, …