152 paragraphs found
Reasonable assurance engagement ―An assurance engagement in which the assurance practitioner reduces engagement risk to an acceptably low level in the circumstances of the engagement as the basis for the assurance practitioner’s conclusion. The assurance …
Representation ―Statement by the responsible party, either oral or written, provided to the assurance practitioner to confirm certain matters or to support other …
Responsible party ―The party responsible for the performance of all or part of the activity, which is the subject matter of the performance …
Subject matter or underlying subject matter ―The activity which is evaluated or measured against the identified criteria. …
Variation ―An instance where the performance of the underlying subject matter exceeds the identified criteria or is deficient in whole or part, as evaluated against the identified …
The assurance report shall include at a minimum the following base elements, to the extent that it is not inconsistent with relevant legislation or regulation: (Ref: Para A50-A51 ) a title, indicating that it is an independent assurance report; an …
If the assurance practitioner is required to conclude on other subject matters under different AUASB standards in conjunction with an engagement to report under this ASAE, the assurance report shall include a separate section for each subject matter in …
A limitation on the scope of the assurance practitioner’s work may be imposed by the terms of the engagement, if the engagement was initiated by an engaging party, or by the circumstances of the particular engagement. When the limitation is imposed by the …
When a scope limitation is imposed by the circumstances of the particular engagement, the assurance practitioner shall attempt to perform alternative procedures to overcome the limitation. When a scope limitation exists and remains unresolved, the …
If during the course of the performance engagement the assurance practitioner identifies any material variations in the activity’s performance, the assurance practitioner shall report those variations to the responsible party(ies) on a timely basis in …