31386 paragraphs found
Some procedures that are required only for reasonable assurance engagements may nonetheless be appropriate in some limited assurance engagements. For example, although obtaining an understanding of control activities is not required for limited assurance …
Relevant ethical requirements related to assurance engagements [22] set out Independence Standards required to be complied with in relation to these engagements. Compliance with the relevant ethical requirements may potentially be threatened by a broad …
In cases when identified threats are not at an acceptable level, relevant ethical requirements require that the threats be addressed by eliminating the circumstances that create the threats, applying safeguards to reduce threats to an acceptable level, or …
Limited Assurance -A level of assurance that is meaningful (Ref: Para. 15(c)(i)b.) …
The level of assurance the assurance practitioner plans to obtain is not ordinarily susceptible to quantification, and whether it is meaningful is a matter of professional judgement for the assurance practitioner to determine in the circumstances of the …
Across the range of all limited assurance engagements, what is meaningful assurance can vary from just above assurance that is likely to enhance the intended users' confidence about the subject matter information to a degree that is clearly more than …
Because the level of assurance obtained by the assurance practitioner in limited assurance engagements varies, the assurance practitioner's report contains an informative summary of the procedures performed, recognising that an …
Some of the factors that may be relevant in determining what constitutes meaningful assurance in a specific engagement include, for example: The characteristics of the underlying subject matter and the criteria. Instructions or other …