158 paragraphs found
If the auditor is required by law or regulation to use a specific layout and/or wording in the comfort letter, the auditor shall refer to compliance with this ASRS only if the comfort letter includes, at a minimum, each of the elements identified in …
When issuing a comfort letter in accordance with this ASRS, the auditor shall not circumvent the intent of this ASRS by issuing any additional letters or reports to requesting parties in connection with the offering document in which the auditor comments …
The auditor shall not refer to in, or attach to, the comfort letter any restricted use reports. …
If the auditor does not receive the requested signed representation letter containing a confirmation that the requesting parties have a due diligence defence as required in paragraph 14(e)(v) of this ASRS, the auditor shall not agree to issue the comfort …
If the agreed terms of engagement require the auditor to issue a letter subsequent to the comfort letter in order to report procedures performed on financial information for a new change period, the auditor shall perform the new change period procedures …
The auditor shall request an updated written representation letter from the entity’s Chief Executive Officer and Chief Financial Officer, containing such representations that the auditor determines are appropriate in the engagement …
The date of the updated representation letter shall be either the cut-off date of the offering document or as near as practical to, but not after, the date of the bring down comfort …
If the required representations set out in paragraph 66 of this ASRS are not received, the auditor shall not issue the comfort letter. …
The auditor shall provide a written bring down comfort letter to the requesting parties including a clear expression of the results of the auditor’s procedures on the change period financial information. (Ref: Para A51 …
The bring down comfort letter shall include, at a minimum, each of the following elements: date issued; addressees; a reference to the previously issued comfort letter and the purpose of the bring down comfort letter; a statement as to whether the auditor …