[Deleted by the AUASB. Refer Aus 12.2 .] …

Professional judgement ―The application of relevant training, knowledge and experience, within the context provided by assurance and ethical standards, in making informed decisions about the courses of action that are appropriate in the circumstances of …

Professional scepticism ―An attitude that includes a questioning mind, being alert to conditions which may indicate possible misstatement, and a critical assessment of …

Responsible party ―The party(ies) responsible for the underlying subject matter. (Ref: Para. A37 ) …

Risk of material misstatement ―The risk that the subject matter information is materially misstated prior to the engagement. …

Subject matter information ―The outcome of the measurement or evaluation of the underlying subject matter against the criteria, i.e., the information that results from applying the criteria to the underlying subject matter. (Ref: Para. A19 …

Underlying subject matter ―The phenomenon that is measured or evaluated by applying criteria. …

For the purposes of this ASAE and other ASAEs, references to “appropriate party(ies)” should be read hereafter as “the responsible party, the measurer or evaluator, or the engaging party, as appropriate.” (Ref: Para.  A20 ,  A37 …

For purposes of this ASAE and other ASAEs, unless indicated to the contrary, the following terms have the meanings attributed below. (Ref: Para. A27 …

Assurance engagement ―An engagement in which an assurance practitioner aims to obtain sufficient appropriate evidence in order to express a conclusion designed to enhance the degree of confidence of the intended users other than the responsible party …