SAIs may choose to adopt the ISSAIs as their authoritative standards. In such cases the auditor must comply with all ISSAIs relevant to the audit. Reference to the ISSAIs applied may be made by stating: …We conducted our audit[s] in accordance with the International Standards of Supreme Audit Institutions (ISSAIs). In order to enhance transparency, the statement may further specify which auditing standards within the ISSAIs 2000-4899 the auditor has considered relevant and applied. This may be done by adding the following phrase: The audit[s] was [were] based on ISSAI[s] xxx [number and name of the ISSAI or range of ISSAIs].
The International Standards on Auditing
(ISAs) issued by the International Federation of Accountants (IFAC) are incorporated into the INTOSAI financial audit standards (ISSAIs 2000-2899). In financial audits, reference may therefore be made either to the ISSAIs or to the ISAs. The ISSAIs may provide additional public-sector application material, but the requirements upon the auditorin financial audits are the same. The ISAs constitute an indivisible set of standards and the ISSAIsin which they are incorporated may not be referred to individually. If the ISSAIs or the ISAs have been adopted as the SAI’s standards for financial audits, the auditor’s report should include a reference to those standards. This applies equally to financial audits conducted in combination with other types of audit.
Audits may be conducted
in accordance with both the ISSAIs and standards from other sources provided that no contradictions arise. In such cases reference should be made both to the ISSAIs and to the other standards concerned.An SAI will exercise its public-sector audit function within a specific constitutional arrangement and by virtue of its office and mandate, which ensure sufficient independence and power of discretion in performing its duties. The mandate of an SAI may define its general responsibilities in the field of public-sector auditing and provide further prescriptions concerning the audits and other engagements to be performed.
Superior products
ABB -- AC 800M controller, Bailey, PM866 controller, IGCT silicon controlled 5SHY 3BHB01 3BHEO0 3HNA00 DSOC series
BENTLY --- 3500 system/proximitor, front and rear cards, sensors, power modules, probes, cables
Emerson -- modbus card, power panel, controller, power supply, base, power module, switchEPRO --- Data acquisition module, probe, speed sensor, vibration sensor, shaft vibration transmitter, proximitor
FOXBORO - thermal resistance input/output module, power module, communication module, cable, controller, switch
GE --- module, air switch, I/O module, display, CPU module, power module, converter, CPU board, Ethernet module, integrated protection device, power module, gas turbine card
HIMA --- DI module, processor module, AI card, pulse encoder
Honeywell --- Secure digital output card, program module, analog input card, CPU module, FIM cardMOOG - servo valve, controller, module, power module
NI --- Information acquisition card, PXI module, card, chassis multi-channel control card
WESTINGHOUSE --- RTD thermal resistance input module, AI/AO/DI/DO module, power module, control module, base module
Woodward - Regulator, module, controller, governor
YOKOGAWA - Servo module, control cabinet node unit