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Ms,for ISA 250 the auditor’s responsibilities related to NOCLAR will be
“Obtaining an understanding of the matter
The first step in this framework is that the auditor should obtain a full and clear understanding of the matter including the nature of the act and the circumstances in which it has occurred. ”What its the “act” here refer to? the nature of the action (non -compliance) or refer to law regulation? sorry asked for a silly question and thank you in advance.
See page 35 in the notes for the key words of the definition … “commission or omission” i.e. done or not done … “client or TCWG” … and in fact management or employee.
So something done deliberately by TCWG would be far more serious than an unintentional omission by an employee.
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