31386 paragraphs found
Assertions are used by the assurance practitioner in a reasonable assurance engagement, and may be used in a limited assurance engagement, to consider the different types of potential misstatements that may …
In representing that the general purpose water accounting report is in accordance with the applicable criteria, the responsible party implicitly or explicitly makes assertions regarding the recognition, quantification, presentation and disclosure of water …
If the assurance practitioner's assessment of risks of material misstatement at the assertion level includes an expectation that the controls are operating effectively (that is, the assurance practitioner intends to rely on the operating effectiveness …
Causes of Risks of Material Misstatement (Ref: Pa1a. 39) Fraud (Ref: Para. 33, 39(a)) …
Misstatements in the general purpose water accounting report can arise from either fraud or error. The distinguishing factor between fraud and error is whether the underlying action that results in the misstatement of the general purpose water accounting …
Incentives for intentional misstatement of the general purpose water accounting report may arise if, for example, those who are directly involved with, or have the opportunity to influence, the water accounting and reporting process have a significant …
Although fraud is a broad legal concept, for the purposes of this Standard, the assurance practitioner is concerned with fraud that causes a material misstatement in the general purpose water accounting report. Although the assurance practitioner may …
Non-Compliance with Law and Regulation (Ref: Para. 39(b), lOS(c)) …
This Standard distinguishes the assurance practitioner's responsibilities in relation to compliance with two different categories of laws and regulations as follows: The provisions o flaw and regulation generally recognised to have a direct effect on …