295 paragraphs found
Subject matter specific Standards on Assurance Engagements sit below ASAE 3000 in the hierarchy of AUASB Standards and are applied, when appropriate, in addition to ASAE 3000. For engagements covered by this Guidance Statement, ASAE 3100 is applicable to …
Appendix 3 identifies the AUASB Standards applicable to each type of engagement covered by this Guidance Statement. …
ASAE 3000 requires the assurance practitioner to comply with fundamental ethical principles when conducting an assurance engagement and ASRS 4400 [53] requires the assurance practitioner to comply with ethical requirements equivalent to those applicable …
Australian Standard on Quality Control 1 (ASQC 1) [56] requires the firm or company from which the engagement team derives to maintain a comprehensive system of quality control including documented policies and procedures regarding compliance with ethical …
The assurance practitioner applies both the NGER Audit Determination and ASRS 4400 when conducting these engagements. In accepting an agreed-upon procedures engagement, ASRS 4400 [57] requires the assurance practitioner to consider whether the report of …
The written terms of engagement are required to include, in addition to the matters required by the NGER Audit Determination, [58] the following under ASRS 4400: [59] Statements that: The procedures performed will not constitute a reasonable or limited …
An example engagement letter for an agreed-upon procedures engagement is provided in Appendix 4, Example 1. …
Whilst a number of different methodologies are permitted under the NGER Measurement Determination for calculating the emissions reported from each source, those methodologies vary in their accuracy. The accuracy of the methodology is reflected in the …
ASAE 3410 [101] and ASAE 3100 [102] require the assurance practitioner to obtain an understanding of the entity and its environment and identify and assess the risk of material misstatement or compliance breach in order to plan the engagement. In gaining …
For a limited assurance engagement the assurance practitioner does not normally develop the depth of understanding of internal controls as is required in a reasonable assurance engagement [105] and so gaining that understanding may be limited to …