290 paragraphs found
An example of where the assurance practitioner may have cause to doubt that the information needed to perform the review will be available or reliable is where the accounting records necessary for purposes of performing analytical procedures are suspected …
This ASRE also requires the assurance practitioner to ascertain certain matters, upon which it is necessary for the assurance practitioner and the entity’s management to agree, and which are within the control of the entity, prior to the assurance …
A condition for acceptance of an assurance engagement is that the criteria [9] referred to in the definition of an assurance engagement are suitable and available to intended users. [10] For purposes of this ASRE, the applicable financial reporting …
Without an acceptable financial reporting framework, management does not have an appropriate basis for the preparation of the financial statements and the assurance practitioner does not have suitable criteria for the review of the financial …
The assurance practitioner’s determination of the acceptability of the financial reporting framework applied in the financial statements is made in the context of the assurance practitioner’s understanding of who the intended users of the financial …
In many cases, in the absence of any indications to the contrary, the assurance practitioner may presume that the applicable financial reporting framework is acceptable (for example, a financial reporting framework that is prescribed by law or regulation …
Factors that are relevant to the assurance practitioner’s determination of the acceptability of the financial reporting framework to be applied in the preparation of the financial statements include: The nature of the entity (for example, whether it is a …
If the financial reporting framework used to prepare the financial statements is not acceptable in view of the purpose of the financial statements and management will not agree to use of a financial reporting framework that is acceptable in the assurance …
Deficiencies in the applicable financial reporting framework that indicate that the framework is not acceptable may be encountered after the review engagement has been accepted. When use of that financial reporting framework is not prescribed by law or …
The financial statements subject to review are those of the entity, prepared by management of the entity with oversight from those charged with governance. This ASRE does not impose responsibilities on management and those charged with governance, nor …