93 paragraphs found
ASA 701 [7] deals with the auditor’s responsibility to communicate key audit matters in the auditor’s report. That Auditing Standard acknowledges that, when ASA 701 applies, matters relating to going concern may be determined to be key audit matters, …
As required by paragraph 11, the auditor remains alert to the possibility that there may be known events, scheduled or otherwise, or conditions that will occur beyond the period of assessment used by management that may bring into question the …
Audit procedures that are relevant to the requirement in paragraph 16 may include the following: Analysing and discussing cash flow, profit and other relevant forecasts with management. Analysing and discussing the entity’s latest available interim …
See ASA 315 Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment , paragraph 5 …
Relevant period means the period of approximately twelve months from the date of the auditor’s current report to the expected date of the auditor’s report for: the next annual reporting date in the case of an annual financial report; or the …
In evaluating management’s assessment, the auditor shall consider whether management’s assessment includes all relevant information of which the auditor is aware as a result of the …
The auditor shall enquire of management as to its knowledge of events or conditions beyond the period of management’s assessment that may cast significant doubt on the entity’s ability to continue as a going concern. …
If events or conditions have been identified that may cast significant doubt on the entity’s ability to continue as a going concern, the auditor shall obtain sufficient appropriate audit evidence to determine whether or not a material uncertainty exists …