295 paragraphs found
The assessment of risk is directed at identifying those risks that may result in either the subject matter being materially misstated, as reported in a Greenhouse and Energy Report, Emissions Report, Offsets Report or an assistance application, or, for a …
The assurance practitioner designs and performs further assurance procedures which are responsive to assessed risks of material misstatement or material compliance breach. The assurance procedures performed on any particular engagement is a matter of …
Most engagements addressed in this Guidance Statement are reasonable assurance engagements, however limited assurance engagements may be: Initiated by the Regulator for monitoring or compliance purposes under NGERS or CFI; Initiated voluntarily by the …
In a reasonable assurance engagement, procedures will include tests of controls as well tests of details. When conducting a reasonable assurance engagement, if the assurance practitioner is able to obtain evidence that the controls they wish to rely on …
If a sample is to be selected for testing, the assurance practitioner considers the purpose of the procedure and the characteristics of the population, [110] determines a sample size which may reduce sampling risk to an acceptably low level and selects …
Sampling and analysis may be required to be used by an entity extensively under the NGER Measurement Determination to determine the composition of fuels or materials produced or consumed in order to estimate emissions and also under CFI methodologies. …
When an expert is to be used, the assurance practitioner still needs to understand their work sufficiently to conclude on the subject matter, including obtaining sufficient appropriate evidence that the expert’s work is adequate for the purposes of the …
For an engagement involving assurance on emissions it is usually preferable if the expertise of the quality control reviewer is that of a different professional discipline to that of the assurance practitioner, as the quality control reviewer will bring …
When obtaining an understanding of the subject matter and other engagement circumstances as required by ASAE 3000 or an understanding of the entity and its environment under ASAE 3410, [113] including the nature of the operations, the assurance …
When assuring emissions, ASAE 3410 [116] requires the assurance practitioner to accumulate misstatements identified during the engagement, other than those that are clearly trivial. For engagements relating to other subject matters, including energy, …