Amendments to ASA 610Amendments to ASA 610

Amendments to ASA 610

1. Existing paragraph A26 is amended to read as follows:

ASA 200 discusses the importance of the auditor planning and performing the audit with professional scepticism, including being alert to information that brings into question the reliability of documents and responses to enquiries to be used as audit evidence. Accordingly, communication with the internal audit function throughout the engagement may provide opportunities for internal auditors to bring matters that may affect the work of the external auditor to the external auditor’s attention. The external auditor is then able to take such information into account in the external auditor’s identification and assessment of risks of material misstatement. In addition, if such information may be indicative of a heightened risk of a material misstatement of the financial report or may be regarding any actual,fraud or suspected or alleged fraud, including allegations of fraud, the external auditor can take this into account in the external auditor’s identification of risk of material misstatement due to fraud in accordance with ASA 240.