Auditing Standard No. 330 on the auditor's handling of assessed risks, issued together with Circular 214/2012 / TT-BTC

Limit apply

1. This Auditing Standard specifies and guides the auditor's responsibility and corporate auditing (hereinafter referred to as an "auditor") In the design and implementation of remedial measures for the risks of material misstatement that the auditor has identified and assessed when performing the audit of the financial statements in accordance with Vietnamese Auditing Standard No. 315 .
2. The auditor and the firm (hereinafter referred to as an “auditor”) must comply with the requirements and guidelines of this Standard in the course of performing the audit of the financial statements.

The entity (the customer) and the parties using the results of the audit are required to have the necessary understanding of the requirements and instructions in this Standard for coordinating work with the auditor and the firm. , as well as handling relationships related to the information that has been audited.

Target

3. Auditor's goal and corporate auditing Obtaining sufficient appropriate audit evidence regarding the assessed risks of material misstatement, through the design and implementation of appropriate remediation for these risks.

Full text view Auditing Standard No. 330