24 paragraphs found
… This Auditing Standard applies to: an audit of a financial report …
… report, and communicate as required by the Australian Auditing Standards, in accordance with the auditor’s …
… the financial report as a whole (see paragraph 10 of this Auditing Standard); If applicable, the materiality level or … account balances or disclosures (see paragraph 10 of this Auditing Standard); Performance materiality (see paragraph 11 of this Auditing Standard); and Any revision of (a)-(c) as the audit …
Materiality for the financial report as a whole (and, if applicable, the materiality level or levels for particular classes of transactions, account balances or disclosures) may need to be revised as a result of a change in circumstances that occurred …
… the characteristics referred to in paragraph 2 of this Auditing Standard provide the auditor with such a frame of …
The concept of materiality is applied by the auditor both in planning and performing the audit, and in evaluating the effect of identified misstatements on the audit and of uncorrected misstatements, if any, on the financial report and in forming the …
In planning the audit, the auditor makes judgements about misstatements that will be considered material. These judgements provide a basis for: Determining the nature, timing and extent of risk assessment procedures; Identifying and assessing the risks of …
… and the Conduct of an Audit in Accordance with Australian Auditing Standards , paragraph 11 . …