Document ID: chunk:federal_register_of_legislation:F2025L00107:front:0:p28
Version: federal_register_of_legislation:F2025L00107
Segment Type: other
Provision Reference: 
Character Range: 88445–91861

of the practitioner's evaluation in accordance with paragraph 90, the practitioner shall, to the extent necessary, having regard to the significance of that expert's work for the practitioner's purposes: (Ref: Para. A266)

         1.                 Evaluate the competence, capabilities and objectivity of that expert; (Ref: Para. A267–A268)

         2.                 Obtain an understanding of the work performed by that expert; (Ref: Para. A269)

         3.                 Obtain an understanding about how the information prepared by that expert has been used by management in the preparation of the sustainability information; and (Ref: Para. A270–A271)

         4.                 Evaluate the appropriateness of the work of that expert as evidence. (Ref: Para. A272)

Doubts About the Relevance and Reliability of Information Intended to be Used as Evidence

 1.                If conditions identified during the assurance engagement cause the practitioner to believe that a document may not be authentic or that terms in a document have been modified but not disclosed to the practitioner, the practitioner shall investigate further and determine the effect on the rest of the evidence obtained. (Ref: Para. A273–A275)

 2.                If the practitioner has doubts about the relevance or reliability of information intended to be used as evidence, the practitioner shall: (Ref: Para. A276)

         1.                 Determine whether modifications or additions to procedures are necessary to resolve the doubts; and

         2.                 If the doubts cannot be resolved, consider the effect, if any, on other aspects of the engagement, including whether such doubts indicate a risk that disclosures may be materially misstated due to fraud.

Planning

Planning Activities

 1.                The practitioner shall develop an overall strategy and engagement plan, including determining the nature, timing and extent of planned procedures. In doing so, the engagement leader shall consider information obtained in the acceptance and continuance process and, if applicable, whether knowledge obtained on other engagements performed by the engagement leader for the entity is relevant. (Ref: Para. A277–A287)

 2.                For a group sustainability assurance engagement, in developing the overall strategy and engagement plan in accordance with paragraph 95, the practitioner shall determine: (Ref: Para. A284–A291)

         1.                 The sustainability information on which assurance work will be performed and the source of that information; (Ref: Para. A288)

         2.                 The resources needed to perform the engagement, including component practitioner(s); and (Ref: Para. A108, A289–A290)

         3.                 Whether to obtain evidence from the work performed by another practitioner(s). (Ref: Para. A291)

 3.                The engagement leader and other key members of the engagement team shall be involved in planning the assurance engagement, including participating in the discussion among the engagement team members required by paragraph 105.

Materiality

 1.                For purposes of planning and performing the assurance engagement, and evaluating whether the sustainability information is free from material misstatement, the practitioner shall: (Ref: Para. A292–A299)

         1.                 Consider materiality for