290 paragraphs found
A request from the entity for the assurance practitioner to change the terms of the review engagement may result from factors including: A change in circumstances affecting the need for the service. Misunderstanding as to the nature of a review engagement …
A change in circumstances that affects the entity’s requirements or a misunderstanding concerning the nature of the service originally requested may be considered a reasonable basis for requesting a change to the terms of the review …
In contrast, a change may not be considered reasonable if it appears that the change relates to information that is incorrect, incomplete or otherwise unsatisfactory. An example might be where the assurance practitioner is unable to obtain sufficient …
Before agreeing to change a review engagement to another type of engagement or related service, a assurance practitioner who was engaged to perform a review in accordance with this ASRE may need to assess, in addition to the matters referred to in this …
If the assurance practitioner concludes that there is reasonable justification to change the review engagement to another type of engagement or related service, the work performed in the review engagement to the date of change may be relevant to the …
In a review engagement, the assurance practitioner’s communications with management and those charged with governance take the form of: Enquiries the assurance practitioner makes in the course of performing the procedures for the review; and Other …
The appropriate timing for communications will vary with the circumstances of the engagement. Relevant factors include the significance and nature of the matter, and any action expected to be taken by management or those charged with governance. For …
Law or regulation may restrict the assurance practitioner’s communication of certain matters with those charged with governance. For example, law or regulation may specifically prohibit a communication, or other action, that might prejudice an …
Matters to be communicated to management or those charged with governance, as appropriate, under this ASRE may include: The assurance practitioner’s responsibilities in the review engagement, as included in the engagement letter or other suitable form of …
In some entities, different persons are responsible for the management and the governance of an entity. In these circumstances, management may have the responsibility to communicate matters of governance interest to those charged with governance. …