28 paragraphs found
… provide sufficient appropriate audit evidence at the assertion level. [4] This may occur when an entity …
… of the assessed risks of material misstatement at the assertion level. The specific controls that were tested …
… Significance of the potential misstatement in the assertion and the likelihood of its having a material …
… linkage of those procedures with the assessed risks at the assertion level; and The results of the audit procedures, …
… of the class of transactions or account balance and related assertions. The ability of the auditor to perform …
… to the assessed risks of material misstatement at the assertion level. Accordingly, substantive procedures are …
… account balances, or disclosures and their relevant assertions. ASA 315 contains further guidance on revising …
… given to the risk of material misstatement at the assertion level for each significant class of transactions, …