39 paragraphs found
The assurance practitioner may have all or part of the required understanding of the entity and any acquiree or divestee, and their respective environments, if the assurance practitioner has audited or reviewed their financial …
Not all modified audit opinions, review conclusions or Emphasis of Matter paragraphs with respect to either the source from which the unadjusted financial information has been extracted or the source from which the acquiree or divestee financial …
Other than in the case of an entity formed for purposes of the transaction and which has never had any trading activity, applicable law or regulation may not permit an entity to issue a prospectus if its historical financial information has never been …
The acquiree’s financial statements for the period immediately preceding that of the source from which the acquiree financial information has been extracted often will have been audited or reviewed, even if the source from which the acquiree financial …
If there is no audit or review report on the source from which the unadjusted financial information has been extracted, the assurance practitioner shall perform procedures to be satisfied that the source is appropriate. (Ref: Para. A29‑A31 …
Appropriate disclosures may include matters such as: The nature and purpose of the pro forma financial information, including the nature of the event(s) or transaction(s), and the date at which such event is assumed to have occurred or transaction been …
Where the source from which the unadjusted financial information has been extracted has not been audited or reviewed, the assurance practitioner may refer to the guidance in paragraphs A29‑Aus A29.3 in determining whether the divestee financial …
See ASA 320 Materiality in Planning and Performing an Audit for guidance on planning materiality. …
See ASAE 3000 Assurance Engagements Other than Audits or Reviews of Historical Financial Information, paragraph Aus 12.1. …
See ASA 260 Communication with Those Charged with Governance for guidance on specific matters that may be communicated in an audit engagement that may also be helpful in an assurance engagement involving reasonable assurance on historical financial …