367 paragraphs found
The quantity of evidence obtained by the assurance practitioner is a measure of the sufficiency of the evidence, whilst the quality of the evidence obtained is a measure of its appropriateness; that is, its relevance and its reliability. [83] The extent …
The assurance practitioner’s reading of the other information does not infer any assurance on that information, as the assurance practitioner reads it only to establish if there are any material inconsistencies or misstatements which may impact the …
In considering the impact of an identified event(s), transaction(s), correction(s) or error(s), the assurance practitioner takes into account issues such as: the potential for such event(s), condition(s), transaction(s) or error(s) to materially affect …
If there are event(s), condition(s), transaction(s) or error(s) omitted from the document, which come to the assurance practitioner’s attention after: the document has been lodged with the appropriate regulatory body, if it is a public document; or the …
The assurance practitioner requests and obtains written representations from the responsible party at the completion of the assurance engagement. [85] If the responsible party is those charged with governance in the entity, the representation letter …
An inability to obtain sufficient appropriate evidence regarding a matter that has, or may have, a material effect on the evaluation of the financial information in the document, when such evidence would ordinarily be available, constitutes a limitation …
For assurance reports in connection with a public document prepared in accordance with the Corporations Act 2001 , the assurance practitioner is required to consent to the form and context in which the assurance report is included in that public document. …
Sufficient appropriate documentation [87] should include a record of the assurance practitioner’s reasoning on all significant matters that required the exercise of professional judgement, together with the assurance practitioner’s conclusions on the …