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What is the difference between reasonable assurance and absolute assurance? What is an assurance engagement and what are its elements? What is the structure of the ISA standards (the numbering series)? What does ISA 315 (Revised) require regarding risk assessment? What is ISA 240 about? What does ISA 500 establish about audit evidence? What is ISA 320 about? What does ISA 570 cover? What is the difference between reasonable assurance and limited assurance engagements? What does ISA 260 and ISA 265 require regarding communication?
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What does ISA 330 address?

Intermediate

Answer

ISA 330 deals with the auditor's responses to assessed risks—designing and performing further audit procedures (tests of controls and substantive procedures) whose nature, timing, and extent respond to the risks identified under ISA 315. Higher assessed risk demands more persuasive evidence and more extensive procedures.
Real-world example Having flagged revenue as a significant risk, the auditor designs targeted substantive tests under ISA 330 to respond to it.

Common follow-ups: What are the three dimensions of a response (nature, timing, extent)? | When are tests of controls required?

Audit Evidence & Procedures Internal Controls Evaluation ISA Standards
All 19 ISA Standards questions