31386 paragraphs found
Observation and inspection may support enquiries of the responsible party and others, and may also provide information about the water report entity and its circumstances. Examples of such procedures include observation or inspection of the following: …
Obtaining an Understanding of Internal Control (Ref: Para. 30L-3 IR) …
In a limited assurance engagement, the assurance practitioner is not required to obtain an understanding of an of the components of internal control relevant to water accounting and reporting as is required in a reasonable assurance engagement. In …
The assurance practitioner's understanding of relevant components of internal control may raise doubts about whether sufficient appropriate evidence is available for the assurance practitioner to complete the engagement. For example (see also paragraphs …
Control Activities Relevant to the Engagement (Ref: Para. 30R(d)) …
The assurance practitioner's judgement about whether particular control activities are relevant to the engagement may be affected by the level of sophistication, documentation and formality of the water information system, including the related business …
In the case of very small entities or immature water information systems, particular control activities are likely to be more rudimentary, less well-documented, and may only exist informally. When this is the case, it is less likely the assurance …
Other Procedures to Obtain an Understanding and to Identify and Assess the Risks of Material Misstatement Other Engagements Performed (Ref: Para. …
Information obtained from other engagements performed relating to the water report entity may relate to, for example, aspects of the water report entity's control …