56 paragraphs found
Analytical procedures performed to obtain an understanding of the entity and its environment and to identify and assess risks of material misstatement may identify aspects of the entity of which the assurance practitioner was unaware and may assist in …
Obtaining an understanding, and identifying and assessing risks of material misstatement, is an iterative process. Procedures to obtain an understanding of the entity and its environment and to identify and assess risks of material misstatement by …
… The concepts and discussions on the going concern assessment relevant to an audit engagement are contained in … Concern , and may be helpful in performing a going concern assessment in an assurance engagement. Australian … 25‑26 contains relevant guidance on the going concern assessment. …
… that has been obtained and the identification and assessment of risks are sufficient to meet the objective …
… persuasive evidence the higher the assurance practitioner’s assessment of risk, such as external confirmation …
… If the assurance practitioner determines that an assessment of the entity’s ability to continue as a going … relevant, the assurance practitioner shall perform such an assessment in order to obtain sufficient appropriate …
… The concepts and discussions on performing a going concern assessment of an entity, relevant to an audit engagement are … ASA 570 , and may be helpful in performing a going concern assessment in an assurance engagement. …
… Entity and Its Environment , for guidance on planned risks assessment procedures which may be helpful …
The assurance practitioner’s assurance procedures on the prospective financial information itself shall include: evaluating the length of time covered by the prospective financial information, taking into account that information ordinarily becomes more …
The assurance practitioner shall determine performance materiality for purposes of assessing the risks of material misstatement and determining the nature, timing and extent of further …