Document ID: chunk:federal_register_of_legislation:F2025L00107:front:0:p24
Version: federal_register_of_legislation:F2025L00107
Segment Type: other
Provision Reference: 
Character Range: 75652–79282

the engaging party, if different, are suitable in the circumstances. In doing so, the practitioner shall also evaluate whether management, or those charged with governance, when appropriate, have a reasonable basis for the sustainability information; and (Ref: Para. A186(a), A188–A191)

         3.                 Evaluate whether the engagement exhibits all of the characteristics in paragraphs 77–80.

Appropriate Sustainability Matters

 1.                The practitioner shall evaluate whether the sustainability matters within the scope of the engagement are appropriate. In doing so, the practitioner shall consider whether those sustainability matters are identifiable and capable of consistent measurement or evaluation against the applicable criteria, such that the resulting sustainability information can be subjected to procedures for obtaining sufficient appropriate evidence. (Ref: Para. A192–A193)

Suitability and Availability of Criteria

 1.                The practitioner shall evaluate whether the criteria that the practitioner expects to be applied in the preparation of the sustainability information are suitable for the engagement circumstances and will be available to the intended users. In doing so, the practitioner shall:

         1.                 Evaluate whether there are criteria for all of the sustainability information subject to the assurance engagement; (Ref: Para. A194)

         2.                 Identify the sources of the criteria, including whether they are framework criteria, entity–developed criteria or a combination of both; (Ref: Para. A195–A198, A331)

         3.                 Evaluate whether the criteria exhibit the following characteristics: (Ref: Para. A199–A201, A332–A335)

                 1.                  Relevance; (Ref: Para. A336–A337)

                 2.                Completeness; (Ref: Para. A338)

                 3.              Reliability; (Ref: Para. A339)

                 4.              Neutrality; and (Ref: Para. A340–A341)

                 5.                 Understandability; and (Ref: Para. A342)

         4.                 Evaluate whether and how the criteria will be made available to the intended users. (Ref: Para. A202)

Evidence to Support the Practitioner's Conclusion and Form of Conclusion

 1.                The practitioner shall determine whether

         1.                 The practitioner expects to be able to obtain the evidence needed to support the practitioner's conclusion; and (Ref: Para. A203–A206L)

         2.                 The practitioner's conclusion, in the form appropriate for the engagement, is to be contained in a written report.

Rational Purpose

 1.                The practitioner shall determine whether the engagement exhibits a rational purpose. In doing so, the practitioner shall determine whether: (Ref: Para. A207–A208)

         1.                 In the case of a limited assurance engagement, the practitioner expects to be able to obtain a meaningful level of assurance; (Ref: Para. A209L–A211L)

         2.                 The engagement as a whole will be useful and not misleading to intended users; and

         3.                 The scope of the assurance engagement is appropriate, including when the scope of the assurance engagement excludes part of the sustainability information to be reported. (Ref: Para. A212–A217)

Deciding Whether to Accept or Continue the Assurance Engagement

 1.                If the preconditions for an assurance engagement are not present, the practitioner shall discuss the matter with the engaging party. If changes cannot be