158 paragraphs found
In competitive bidding situations in which legal counsel for the requesting parties acts as the requesting parties’ representative prior to opening and acceptance of the bid, the auditor shall carry out the discussions and other communications required by …
The auditor shall not agree to a change in the scope of services agreed to in the engagement letter if there is no reasonable justification for doing so. (Ref: Para. A20 …
If the terms of providing the comfort letter are agreed to be changed, the terms shall be documented in writing and co-signed by the auditor, the responsible party of the entity and the requesting parties. (Ref: Para. A21 …
If the terms of providing the comfort letter are unable to be agreed by the auditor, the auditor shall withdraw from the engagement and not agree to issue the comfort …
The auditor shall perform the requesting parties’ specified procedures as agreed in the engagement letter. …
If the auditor is required to comment in a comfort letter on financial information other than audited financial statements, the auditor shall: (Ref: Para. A23 ) describe the procedures specified by the requesting parties to be performed by the auditor; …
The auditor shall not in the comfort letter: make any statements that the auditor has applied procedures that the auditor determined to be necessary or sufficient for the requesting parties' purposes; use terms of uncertain meaning (such as general …
When an auditor’s report on audited financial statements or a review report on reviewed financial statements in the offering document includes a modified opinion or conclusion, the auditor shall consider the effect on the comfort letter regarding …
The auditor shall obtain an understanding of the entity's internal control over financial reporting of both year-end and interim periods when commenting in a comfort letter on: unaudited interim financial information; and/or subsequent changes in selected …
The auditor may only provide limited assurance on interim financial information included in the offering document if the auditor has, as agreed to under a separate engagement, conducted a review in accordance with the applicable Australian Standard on …