152 paragraphs found
Download Diagram Depicting the Nature of a Performance Engagement. …
Download Diagram illustrating the relationships in a performance engagement conducted by an Auditor-General. …
Download Table Outlining the AUASB Standards that Apply to Certain Engagements …
Activity ―a government or private sector provision of products or services, system, operation, function or programme which may be conducted within a single entity or across multiple entities, departments, agencies, joint ventures or other organisations, …
Assurance practitioner ―individual or firm or other organisation, whether in public practice, industry and commerce, or the public sector, providing assurance services including performance engagements. Where this ASAE expressly intends that a …
Attestation engagement ―An assurance engagement in which a party other than the assurance practitioner measures or evaluates the underlying subject matter against the criteria. The outcome of that measurement or evaluation is often presented in a report …
Criteria ―The benchmarks used to measure or evaluate the underlying subject matter, which in a performance engagement is the activity. The “identified criteria” are the criteria used for the particular …
Direct engagement on performance ―A reasonable assurance engagement in which the assurance practitioner evaluates the activity’s performance against the identified criteria. The outcome of the assurance practitioner’s evaluation is expressed in the …
Economy ―the performance principle relating to the minimisation of the costs of resources, within the operational requirements of timeliness and availability of required quantity or …