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Norms on Evaluation to the Auditing Significance of Auditing Organs and Auditing Risks
Title: Norms on Evaluation to the Auditing Significance of Auditing Organs and Auditing Risks Promulgating Organ: Audit Office Date of Promulgation: December 15, 2003 Date of Implementation: February 1, 2004 Applicable Scope: Evaluation to the auditing significance of auditing organs and auditing risks. Major Contents: The definition of auditing significance is provided in the Norms. Simultaneously, it is provided in the Norms that the evaluation to the level of signification is a professional judgment of auditing staff. It is also provided in the Norms that the influence of the factors which shall be considered by auditing staff when they judge the level of significance. It is still stipulated in the Norms that the procedures for evaluating the risks of auditing. It is provided in the Norms as well that the factors shall be considered when controlled risks are evaluated. |
