Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
IAASB Standards
- Course 2 -
03.02.2015
Illustration 4.1
Illustration 4.2
Illustration 4.3
Subjec
t
Matte
r
Suitable Criteria
Suitable criteria are the benchmarks (standards,
objectives or set of rules) used to evaluate evidence
or measure the subject matter of an assurance
engagement.
Characteristics of Suitable
Criteria
(a) Relevance
(b) Completeness
(c) Reliability
(d) Neutrality
(e) Understandability
Assurance Report
The practitioner provides a written
report containing a conclusion that
conveys the assurance obtained as
to whether the subject matter
conforms, in all material respects,
with the identified criteria.
For instance, an audit of financial
statements provides an opinion on
conformity with IFRS.
A title
An addressee:
A description of the subject matter.
A statement restricting the use of the assurance
report
identification the responsible party
Statement - performed in accordance with ISAEs.
A summary of the work undertaken
Identification of the criteria
The practitioners conclusion
The assurance report date.
The name and location of the firm or the practitioner
Where
reviews
of
financial
statements differ most from a
financial statement audit is in the
limited
procedures
performed
(limited in inquiry of management
and analytical procedures) and the
review report.
Reviews are
engagements.
limited
assurance
Engagements covered by
International Standards for Related
Services, including:
Agreed-upon procedures (ISRS
4400)
Compilation of financial or other
information (ISRS 4410)
Audit Procedures
Agreed
The auditor performs certain procedures
concerning individual items of financial
data (for example, accounts payable,
accounts receivable, purchases from
related parties and sales and profits of a
segment of an entity), a financial statement
(for example, a balance sheet) or even a
complete set of financial statements.
Engagements to
Compile Financial
Information (ISRS
4410)