172 paragraphs found
Relevant capabilities and competence to perform the engagement include matters such as the following: Knowledge of the relevant industry; An understanding of information technology and systems; Experience in evaluating risks as they relate to the suitable …
Refusal, by a service organisation, to provide a written statement, subsequent to an agreement by the service auditor to accept, or continue, an engagement, represents a scope limitation that causes the service auditor to withdraw from the engagement. If …
In the case of a type 2 report, the service organisation’s statement includes a statement that the controls related to the control objectives stated in the service organisation’s description of its system operated effectively throughout the specified …
As noted in paragraph 9(c) , control objectives relate to risks that controls seek to mitigate. For example, the risk that a transaction is recorded at the wrong amount or in the wrong period can be expressed as a control objective that transactions are …
This Standard on Assurance Engagements applies to an assurance engagement to provide an assurance report for use by user entities and their auditors on the controls at a service …
This Standard on Assurance Engagements is operative for service auditors’ assurance reports covering periods commencing on or after 1 January 201 8. Early adoption of this ASAE is permitted only in conjunction with the early adoption of revised …
Where the standard is early adopted, the assurance practitioner indicates in the assurance report that they have conducted the assurance engagement in accordance with ASAE 3402 Assurance Reports on Controls at a Service Organisation …
This Standard on Assurance Engagements (ASAE) deals with assurance engagements undertaken by an assurance practitioner [1] , # to provide a report for use by user entities and their auditors, on the controls at a service organisation that provides a …
See ASAE 3000 Assurance Engagements Other Than Audits or Reviews of Historical Financial Information , paragraph 12(r) . …
See ASQC 1 Quality Control for Firms that Perform Audits and Reviews of Financial Reports and Other Financial Information, Other Assurance Engagements and Related Services Engagements , Para. Aus 12.2 and ASA 220 Quality Control for an Audit of a …