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Auditing Standard ASA 250 Consideration of Laws and Regulations in an Audit of a Financial Report
Documentation (Ref: Para. 30)Documentation (Ref: Para. 30)
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Documentation (Ref: Para. 30)
- The auditor’s documentation of findings regarding identified or suspected non‑compliance with laws and regulations may include, for example:
- Copies of records or documents.
- Minutes of discussions held with management, those charged with governance or parties outside the entity.
- Law, regulation or relevant ethical requirements may also set out additional documentation requirements regarding identified or suspected non‑compliance with laws and regulations.[19]