Because the level of assurance obtained by the assurance practitioner in limited assurance engagements varies, the assurance practitioner's report contains  an informative  summary  of the procedures performed, recognising that an …

              Some of the factors that may be relevant in determining what constitutes meaningful assurance in a specific engagement include, for example: The characteristics of the underlying subject matter and the criteria. Instructions or other …

Assurance skills and techniques (Ref: Para. 15(f)) …

Assurance skills and techniques include; Application of professional scepticism and professional judgement; Planning and performing an assurance engagement, including obtaining and evaluating evidence; Understanding information systems and the role and …

Criteria (Ref: Para. 15(k)) …

Suitable criteria are required for reasonably consistent measurement or evaluation of an underlying subject matter within the context of professional judgement. Without the frame of reference provided by suitable criteria, any conclusion is open to …

Responsible party (Ref: Para. 15(fl)) …

The responsible party is defined in relation to the preparation and presentation of the general purpose water accounting report. …

In many situations, the responsible party will be accountable for both: Preparation and presentation of the general purpose water accounting report in accordance with AWAS 1; and Managing the water assets and water liabilities of the water report …

However, in some situations, the responsible party may not be accountable for managing the water assets and water liabilities of the water report entity. For example, the responsible party may be required to prepare a general purpose water accounting …