31386 paragraphs found
The assurance practitioner shall agree the terms of the agreed-upon procedures engagement with the engaging party, and intended users who use the report. [8] If the intended users of the report of factual findings are not signatories to the terms of the …
The agreed terms would ordinarily be recorded in an engagement letter or other suitable form of written agreement. It is in the interests of both the engaging party and the assurance practitioner that the assurance practitioner sends an engagement letter, …
In certain circumstances, for example when the procedures have been agreed to between the regulator, industry representatives and representatives of the accounting profession, the assurance practitioner may not be able to discuss the procedures with all …
Carve‑out method―method of dealing with the services provided by a subservice organisation, whereby the service organisation’s description of its system includes the nature of the services provided by a subservice organisation, but that subservice …
Complementary user entity controls―controls that the service organisation assumes, in the design of its service, will be implemented by user entities, and which, if necessary to achieve control objectives stated in the service organisation’s description …
Control objective―the aim or purpose of a particular aspect of controls. Control objectives relate to risks that controls seek to …