88 paragraphs found
The engagement plan for an agreed-upon procedures engagement shall be restricted to the nature, timing and extent of procedures agreed in the terms of the engagement. The plan does not include alternative or further procedures unless agreed with the …
The assurance practitioner does not perform a risk assessment for an agreed-upon procedures engagement, as the nature, timing and extent of procedures to be performed are agreed with the engaging party rather than determined by the assurance practitioner …
The assurance practitioner does not apply materiality to designing the procedures to be performed nor to assessing the factual findings to determine whether the subject matter information is free from material misstatement or non-compliance, as this is …
The assurance practitioner shall take responsibility for the overall quality of the agreed-upon procedures engagement and shall apply the firm’s quality control procedures equivalent to those applicable to Other Assurance Engagements. …
Throughout the engagement, the assurance practitioner shall remain alert, through observation and making enquiries as necessary, for evidence of non-compliance with relevant ethical requirements, including independence, by members of the engagement team. …
The assurance practitioner shall be satisfied that the engagement team [10] and any experts engaged who are not part of the engagement team, collectively have the appropriate competence, capabilities and resources to perform the agreed-upon procedures in …
The assurance practitioner shall take responsibility for the direction, supervision and performance of the engagement and the accurate reporting of factual …
When the assurance practitioner uses the work of another assurance practitioner, internal auditor or an expert, the assurance practitioner shall evaluate the adequacy of their work, including their objectivity and technical competence in conducting the …
The assurance practitioner shall document: issues identified with respect to compliance with relevant ethical requirements and how they were resolved; conclusions on compliance with independence requirements equivalent to „Other Assurance Engagements‟ or …
As no assurance is to be provided, the assurance practitioner shall carry out only the procedures agreed in the terms of the engagement and use the results of the procedures to provide a report of factual findings. (Ref: Para. A15-16 …