343 definitions found.
ASAE 3000
Definition
12(b)
Assurance skills and techniques ―Those planning, evidence gathering, evidence evaluation, communication and reporting skills and techniques demonstrated by an assurance practitioner that are distinct from expertise in the underlying subject matter of any …
ASAE 3000
Definition
12(c)
Criteria ―The benchmarks used to measure or evaluate the underlying subject matter. The “applicable criteria” are the criteria used for the particular engagement. (Ref: Para. A10 …
ASAE 3000
Definition
12(d)
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 …
ASAE 3000
Definition
12(f)
Engagement risk ―The risk that the assurance practitioner expresses an inappropriate conclusion when the subject matter information is materially misstated. (Ref: Para. A11–A14 …
ASAE 3000
Definition
12(g)
Engaging party ―The party(ies) that engages the assurance practitioner to perform the assurance engagement. (Ref: Para. A15 ) …
ASAE 3000
Definition
12(h)
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 …
ASAE 3000
Definition
12(i)
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: …
ASAE 3000
Definition
12(j)
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 …
ASAE 3000
Definition
12(k)
Historical financial information ―Information expressed in financial terms in relation to a particular entity, derived primarily from that entity’s accounting system, about economic events occurring in past time periods or about economic conditions or …