This Standard on Review Engagements (ASRE) applies to a review of a financial report, or a complete set of financial statements, comprising historical financial information, performed by an assurance practitioner who is not the auditor of the …

This Standard on Review Engagements is operative for financial reporting periods commencing on or after 15 December 2022. …

In evaluating management’s assessment of the entity’s ability to continue as a going concern, the assurance practitioner shall consider the relevant period, which may be the same or may differ from that used by management to make its assessment as …

Relevant period means the period of approximately 12 months from the date of the assurance practitioner’s current report, and if applicable, to the expected date of the assurance practitioner’s report for: the next annual reporting period in the case of …

If, during the performance of the review, the assurance practitioner becomes aware of events or conditions that may cast significant doubt about the entity’s ability to continue as a going concern, the assurance practitioner shall: (Ref: Para. A99 ) …

In performing the review, it may be necessary for the assurance practitioner to use work performed by other assurance practitioners, or the work of an individual or organisation possessing expertise in a field other than accounting or assurance.  If the …

The assurance practitioner shall obtain evidence that the financial statements agree with, or reconcile to, the entity’s underlying accounting records. (Ref:  …

If the assurance practitioner becomes aware of a matter(s) that causes the assurance practitioner to believe the financial statements may be materially misstated, the assurance practitioner shall design and perform additional procedures sufficient to …

If the assurance practitioner becomes aware of events occurring between the date of the financial statements and the date of the assurance practitioner’s report that require adjustment of, or disclosure in, the financial statements, the assurance …

The assurance practitioner has no obligation to perform any procedures regarding the financial statements after the date of the assurance practitioner’s report. However, if, after the date of the assurance practitioner’s report but before the date the …