290 paragraphs found
The engagement partner shall take responsibility for: (Ref: Para. A27–A30 ) The overall quality of each review engagement to which that partner is assigned; The direction, supervision, planning and performance of the review engagement in compliance with …
If the engagement partner obtains information that would have caused the firm to decline the engagement had that information been available earlier, the engagement partner shall communicate that information promptly to the firm, so that the firm and the …
Throughout the engagement, the engagement partner shall remain alert, through observation and making enquiries as necessary, for evidence of non‑compliance with relevant ethical requirements by members of the engagement team. If matters come to the …
An effective system of quality control for a firm includes a monitoring process designed to provide the firm with reasonable assurance that the firm’s policies and procedures relating to the system of quality control are relevant, adequate and operate …
Unless required by law or regulation, the assurance practitioner shall not accept a review engagement if: (Ref: Para. A34–A35 ) The assurance practitioner is not satisfied: That there is a rational purpose for the engagement; or (Ref: Para. A36 ) That a …
Prior to accepting a review engagement, the assurance practitioner shall: (Ref: Para. A39 ) Determine whether the financial reporting framework applied in the preparation of the financial statements is acceptable including, in the case of special purpose …
If the assurance practitioner is not satisfied as to any of the matters set out above as preconditions for accepting a review engagement, the assurance practitioner shall discuss the matter with management or those charged with governance. If changes …
If it is discovered after the engagement has been accepted that the assurance practitioner is not satisfied as to any of the above preconditions, the assurance practitioner shall discuss the matter with management or those charged with governance, and …
The assurance practitioner’s report issued for the review engagement shall refer to this ASRE only if the report complies with the requirements of paragraph 86 …
In some cases, when the review is performed pursuant to applicable law or regulation of a jurisdiction, the relevant law or regulation may prescribe the layout or wording of the assurance practitioner’s report in a form or in terms that are significantly …