64 paragraphs found
When performing an audit engagement at a service organisation, the service auditor may restrict the audit procedures to information that is held by the service organisation on behalf of the user entity. The Statement, however, may include information …
… to support the auditor’s opinion. The requirements of the Auditing Standards relating to obtaining sufficient …
… organisation relevant to the audit to form an opinion, Auditing Standard ASA 705 requires the user auditor to …
… This Guidance Statement has been formulated by the Auditing and Assurance Standards Board (AUASB) to provide …
Other reports may be required by the user entity as set out in the contract and/or service level agreement for purposes such as monitoring the performance of the service organisation, however the reports covered by this Guidance Statement are limited to …
A type 1 report cannot be relied upon to reduce the level of substantive procedures conducted by the user auditor, as it does not provide any evidence of the operating effectiveness of the controls reported upon. Consequently, the usefulness of a type 1 …
… In accordance with Auditing Standard ASA 200, [50] the service auditor is …
… Statement provides guidance to: user auditors in applying Auditing Standard ASA 402 Audit Considerations Relating to … on controls at a service organisation, and other Australian Auditing Standards, when using service auditor’s reports on … , when engaged to report on controls, and other Australian Auditing Standards, when engaged to report on financial …
… and the Conduct of an Audit in Accordance with Australian Auditing Standards . …
The user auditor may be able to obtain sufficient appropriate audit evidence only for certain assertions relating to the user entity’s balances or transactions contained in the Statement from information available from the user entity's records and from …