290 paragraphs found
The assurance practitioner’s conclusion on the financial statements, whether unmodified or modified, shall be expressed in the appropriate form in the context of the financial reporting framework applied in the financial …
The assurance practitioner shall express an unmodified conclusion in the assurance practitioner’s report on the financial statements as a whole when the assurance practitioner has obtained limited assurance to be able to conclude that nothing has come to …
When the assurance practitioner expresses an unmodified conclusion, the assurance practitioner shall, unless otherwise required by law or regulation, use one of the following phrases, as appropriate: (Ref: Para. A119–A120 ) “Based on our review, nothing …
The assurance practitioner shall express a modified conclusion in the assurance practitioner’s report on the financial statements as a whole when: The assurance practitioner determines, based on the procedures performed and the evidence obtained, that the …
When the assurance practitioner modifies the conclusion expressed on the financial statements, the assurance practitioner shall: Use the heading “Qualified Conclusion,” “Adverse Conclusion” or “Disclaimer of Conclusion,” as appropriate, for the conclusion …
If the assurance practitioner determines that the financial statements are materially misstated, the assurance practitioner shall express: A qualified conclusion, when the assurance practitioner concludes that the effects of the matter(s) giving rise to …
When the assurance practitioner expresses a qualified conclusion on the financial statements because of a material misstatement, the assurance practitioner shall, unless otherwise required by law or regulation, use one of the following phrases, as …
When the assurance practitioner expresses an adverse conclusion on the financial statements, the assurance practitioner shall, unless otherwise required by law or regulation, use one of the following phrases, as appropriate: “Based on our review, due to …
In the basis for conclusion paragraph, in relation to material misstatements that give rise to either a qualified conclusion or an adverse conclusion, the assurance practitioner shall: Describe and quantify the financial effects of the misstatement if the …
This Standard on Review Engagements (ASRE) applies to a review of a financial report, or a complete set of financial statements, comprising historical financial information, performed by an assurance practitioner who is not the auditor of the …