15 paragraphs found
… to adhere to the mandatory requirements contained in Auditing Standards (ASAs) when undertaking financial report …
It is important that auditors take the above considerations into account when planning and undertaking both financial report audits and compliance plan audits of mortgage schemes. While not purporting to be an exhaustive list of compliance matters to be …
… There is no equivalent International Auditing Practice Statement (IAPS) to this Guidance …
The guidance in this Guidance Statement is to be read in conjunction with that contained in GS 013 Special Considerations in the Audit of Compliance Plans of Managed Investment Schemes for audits of mortgage schemes’ compliance plans undertaken pursuant …
Under section 331AAA, the scheme’s responsible entity is responsible for the appointment of the scheme’s financial report auditor. This is also the case for the scheme’s compliance plan auditor who is appointed by the responsible entity under section …
The auditor of a scheme’s financial report ordinarily obtains a preliminary understanding of the scheme and its environment, including its internal control, sufficient to identify and assess the risks of material misstatement of the financial report …
… issued on 12 August 2009 by the AUASB and replaces AGS 1058 Auditing Mortgage Investment Schemes which was issued in …
Or other suitable form of audit contract. See ASA 210 Terms of Audit Engagements and ASAE 3100 . …
… to report on various compliance matters as part of the auditing arrangements which are agreed to with the …
… This Guidance Statement has been formulated by the Auditing and Assurance Standards Board (AUASB) to provide …