131 paragraphs found
This ASRS contains requirements, expressed using “shall”, that are designed to enable the practitioner to meet the stated objectives. …
In addition, this ASRS contains introductory material, definitions, and application and other explanatory material, that provide context relevant to a proper understanding of this …
The application and other explanatory material provides further explanation of the requirements and guidance for carrying them out. While such guidance does not in itself impose a requirement, it is relevant to the proper application of the …
Australian Standard on Quality Management ASQM 1 , Quality Management for Firms that Perform Audits or Reviews of Financial Reports and Other Financial Information, or Other Assurance or Related Services Engagements …
The practitioner’s objectives in an agreed-upon procedures engagement under this ASRS are to: Agree with the engaging party the procedures to be performed; Perform the agreed-upon procedures; and Communicate the procedures performed and the related …
For purposes of this ASRS, the following terms have the meanings attributed below: …
Agreed-upon procedures – Procedures that have been agreed to by the practitioner and the engaging party (and if relevant, other parties). (Ref: Para. A10 …
Agreed-upon procedures engagement – An engagement in which a practitioner is engaged to carry out procedures to which the practitioner and the engaging party (and if relevant, other parties) have agreed and to communicate the procedures performed and the …
Engagement partner – The partner or other individual, appointed by the firm, who is responsible for the engagement and its performance, and for the agreed-upon procedures report that is issued on behalf of the firm, and who, where required, has the …