75 paragraphs found
The auditor ordinarily requests a copy of the final offering document (and any document incorporated by reference in it) for the sole purpose of reading it to identify any possible matters that may impact providing the comfort letter, or its final form …
The auditor shall not agree to a change in the scope of services agreed to in the engagement letter if there is no reasonable justification for doing so. (Ref: Para. A20 …
If the terms of providing the comfort letter are agreed to be changed, the terms shall be documented in writing and co-signed by the auditor, the responsible party of the entity and the requesting parties. (Ref: Para. A21 …
The auditor shall base the auditor’s statement regarding any subsequent changes in the change period financial information solely on the procedures performed with respect to the change period. (Ref: Para. A36 …
In commenting on subsequent changes, the auditor shall not characterise subsequent changes using ambiguous terms, such as referring to a change as adverse. (Ref: Para. A38 …
If the requesting parties refuse to meet the auditor, the auditor considers whether to accept the engagement. (Ref: Para. 14(c) ) …
Appendix 1 contains an illustrative auditor’s engagement letter . (Ref: Para. 16(h) ) …
It is important that all changes agreed to by the entity, the requesting parties and the auditor be documented and approved in writing to ensure there is no misunderstanding of what has been agreed . (Ref: Para. 23 …
Pro forma financial information is ordinarily included in the offering document when the entity is involved in a business combination. (Ref: Para. 33 …