Engagement circumstances ―The broad context defining the particular engagement, which includes: the terms of the engagement; whether it is a reasonable assurance engagement or a limited assurance engagement, the characteristics of the underlying subject …

[Deleted by the AUASB. Refer Aus 12.3 .] …

Engagement risk ―The risk that the assurance practitioner expresses an inappropriate conclusion when the subject matter information is materially misstated. (Ref: Para. A11–A14 …

Engaging party ―The party(ies) that engages the assurance practitioner to perform the assurance engagement. (Ref: Para. A15 ) …

Engagement team ―All assurance practitioners and staff performing the engagement, and any other individuals who perform procedures on the engagement excluding an assurance practitioner’s external …

Evidence ―Information used by the assurance practitioner in arriving at the assurance practitioner’s conclusion. Evidence includes both information contained in relevant information systems, if any, and other information. For purposes of the ASAEs: (Ref: …

Firm ―A sole assurance practitioner, partnership or corporation or other entity of individual assurance practitioners. “Firm” should be read as referring to its public sector equivalents where …

For the purposes of this Standard on Assurance Engagements, the following terms have the meanings attributed below: …

Applicable criteria – The criteria used by the responsible party when compiling the pro forma financial information. Criteria may be established by applicable law or regulation or in the absence of established criteria, be developed by the responsible …

Pro forma adjustments – In relation to unadjusted financial information, these include: Adjustments to unadjusted financial information that illustrate the impact of a significant event(s) or transaction(s) (“events” or “transactions”) as if the event had …