290 paragraphs found
In some jurisdictions, law or regulation prescribing management’s responsibilities may specifically refer to a responsibility for the adequacy of the accounting books and records, or accounting system. As books, records and systems are an integral part …
The assurance practitioner’s report states that the assurance practitioner’s responsibility is to express a conclusion on the financial statements based on the review performed, in order to contrast the assurance practitioner’s responsibility with …
The reference to the standards used by the assurance practitioner for the review conveys to the users of the assurance practitioner’s report that the review has been conducted in accordance with established …
The description of the nature of a review engagement in the assurance practitioner’s report explains the scope and limitations of the engagement undertaken for the benefit of the readers of the report. This explanation clarifies, for avoidance of doubt, …
The identification of the applicable financial reporting framework in the assurance practitioner’s conclusion is intended to advise users of the assurance practitioner’s report of the context in which that conclusion is expressed. It is not intended to …
When the applicable financial reporting framework encompasses financial reporting standards and legal or regulatory requirements, the framework is identified in such terms as “… in accordance with Australian Accounting Standards and the requirements of …
An adverse conclusion or a disclaimer of conclusion relating to a specific matter described in the basis for modification paragraph does not justify the omission of a description of other identified matters that would have otherwise required a …
The assurance practitioner’s signature is either in the name of the assurance practitioner’s firm, the personal name of the individual assurance practitioner, or both, as appropriate for the particular jurisdiction. In addition to the assurance …
The special purpose financial statements may be used for purposes other than those for which they were intended. For example, a regulator may require certain entities to place the special purpose financial statements on public record. For avoidance of …
In addition to the alert to the reader of the assurance practitioner’s report that is required by this ASRE when the financial statements are prepared using a special purpose framework, the assurance practitioner may consider it appropriate to indicate …