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: …

Attestation engagement on compliance ―A reasonable or limited assurance engagement in which a party other than the assurance practitioner, being the responsible party or evaluator evaluates compliance with the compliance requirements. The outcome of that …

Compliance activity (subject matter or underlying subject matter) ―The activity that is undertaken to meet the compliance requirement(s). …