Limited Assurance Reasonable Assurance Determining Whether Additional Procedures Are Necessary in a Limited Assurance Engagement L - If the assurance practitioner becomes aware of a matter(s) that causes the assurance practitioner to believe that the …

In a consulting engagement, the assurance practitioner applies technical skills, education, observations, experiences, and knowledge.  Consulting engagements involve an analytical process that typically involves some combination of activities relating to: …

Relevant ethical requirements [*] include the following fundamental principles with which the assurance practitioner is required to comply: Integrity; Objectivity; Professional competence and due care; Confidentiality; and Professional …

Criteria need to be available to the intended users to allow them to understand how the underlying subject matter has been measured or evaluated.  Criteria are made available to the intended users in one or more of the following ways: Publicly. Through …

A change in circumstances that affects the intended users’ requirements, or a misunderstanding concerning the nature of the engagement, may justify a request for a change in the engagement, for example, from an assurance engagement to a non-assurance …

Aspects of the assurance practitioner’s expert’s field relevant to the assurance practitioner’s understanding may include: Whether that expert’s field has areas of specialty within it that are relevant to the engagement. Whether any professional or other …

Consideration of subsequent events in some assurance engagements may not be relevant because of the nature of the underlying subject matter.  For example, when the engagement requires a conclusion about the accuracy of a statistical return at a point in …

Further actions that may be appropriate if the assurance practitioner identifies a material inconsistency or becomes aware of a material misstatement of fact include, for example: Requesting the appropriate party(ies) to consult with a qualified third …

The description of the applicable criteria advises intended users of the framework on which the subject matter information is based, and is particularly important when there are significant differences between various criteria regarding how particular …

The term ‘pervasive’ describes the effects on the subject matter information of misstatements or the possible effects on the subject matter information of misstatements, if any, that are undetected due to an inability to obtain sufficient appropriate …