194 paragraphs found from standard ASA 315.
… as appropriate, to an audit of other historical financial information. …
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… Risks at the financial report level relate pervasively to the financial report as a whole and potentially affect many … be prevented, or detected and corrected, on a timely basis by the entity’s system of internal control. …
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… Information System and Communication, and Control Activities (Ref: Para. A123–A130) The information system and communication The auditor shall obtain an understanding of the entity’s information system and communication relevant to the … report, through performing risk assessment procedures, by: (Ref: Para. A131) …
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… – Representations, explicit or otherwise, with respect to the recognition, measurement, presentation and disclosure of information in the financial report which are inherent in … financial reporting framework. Assertions are used by the auditor to consider the different types of potential …
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… actions or inactions that could adversely affect an entity’s ability to achieve its objectives and execute its strategies, or from the setting of inappropriate objectives and strategies. …
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… Controls – Policies or procedures that an entity establishes to achieve the control objectives of management or those charged with … statements of what should, or should not, be done within the entity to effect control. Such statements may be …
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… General information technology (IT) controls – Controls over the entity’s IT processes that support the continued proper …
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… Information processing controls – Controls relating to the processing of information in IT applications or manual information processes in the entity’s information system that directly address risks to …
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… Risks of material misstatement identified and assessed by the auditor include both those due to error and those due to … assessment procedures and related activities to obtain information that is used to identify, assess and respond to …
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… The auditor’s risk identification and assessment process is … iterative and dynamic. The auditor’s understanding of the entity and its environment, the applicable financial … misstatement. In obtaining the understanding required by this ASA, initial expectations of risks may be developed, … audit procedures in accordance with ASA 330, or if new information is obtained. …
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