4 paragraphs found
An agreed-upon procedures engagement is not an audit, review or other assurance engagement. An agreed-upon procedures engagement does not involve obtaining evidence for the purpose of the practitioner expressing an opinion or an assurance conclusion in …
Australian Standard on Quality Control ASQC 1 , Quality Control for Firms that Perform Audits and Reviews of Financial Reports, and Other Assurance Engagements and Related Services Engagements …
The practitioner may be the auditor of the financial report of the engaging party (or responsible party if different from the engaging party). In such a circumstance, if the practitioner is also engaged to conduct an agreed-upon procedures engagement, …
Terms that may be unclear, misleading, or subject to varying interpretations depending on the context in which they are used, may include, for example: Terms that are associated with assurance under the AUASB’s Standards such as “present fairly” or “true …