Document ID: chunk:federal_register_of_legislation:F2025L00107:front:0:p46
Version: federal_register_of_legislation:F2025L00107
Segment Type: other
Provision Reference: 
Character Range: 158457–162138

2.                 Determine, through review of engagement documentation and discussion with the engagement team, that sufficient appropriate evidence has been obtained to support the conclusions reached and for the assurance report to be issued.

         3.                 Review the sustainability information and the assurance report, to determine that the report to be issued will be appropriate in the circumstances.

         4.                 Determine that:

                 1.                  The engagement leader's involvement has been sufficient and appropriate throughout the engagement such that the engagement leader has the basis for determining that the significant judgements made and the conclusions reached are appropriate given the nature and circumstances of the engagement; and (Ref: Para. A532–A534)

                 2.                The nature and circumstances of the engagement, any changes thereto, and the firm's related policies or procedures have been taken into account in complying with the requirements of this ASSA.

         5.                 If the engagement is subject to an engagement quality review, determine that the engagement quality review has been completed.

Documentation

 1.            The practitioner shall include in the engagement documentation:

         1.                 The basis for the engagement leader's determination in accordance with paragraph 186(b) that sufficient appropriate evidence has been obtained, including:

                 1.                  The determination in accordance with paragraph 50(d) that the work of another practitioner is adequate for the practitioner's purposes;

                 2.                The evaluation in accordance with paragraph 57 that the work of a practitioner's external expert is adequate for the practitioner's purposes;

                 3.              The determination in accordance with paragraph 59(e) that the work of the internal audit function is adequate for the practitioner's purposes; and

                 4.              If the practitioner identified information that was inconsistent with their final conclusion regarding a significant matter and how the practitioner addressed the inconsistency (see paragraph 180); and (Ref: Para. A535)

         2.                 The basis for the engagement leader's determination in accordance with paragraph 186(d)(i) that the engagement leader's involvement has been sufficient and appropriate throughout the engagement. (Ref: Para. A536)

Preparing the Assurance Report

 1.            The assurance report shall be in writing and shall contain a clear expression of the practitioner's reasonable assurance opinion or limited assurance conclusion about the sustainability information. (Ref: Para. A537–A538)

 2.            The practitioner's conclusion shall be clearly separated from information or explanations that are not intended to affect the practitioner's conclusion, including any:

         1.                 Emphasis of Matter paragraphs;

         2.                 Other Matter paragraphs;

         3.                 Findings related to particular aspects of the engagement;

         4.                 Recommendations; or

         5.                 Additional information included in the assurance report.

The wording used shall make it clear that an Emphasis of Matter paragraph, Other Matter paragraph, findings, recommendations or additional information is not intended to detract from the practitioner's conclusion. (Ref: Para. A537–A538)

Assurance Report Content

 1.            The assurance report shall include at a minimum the following basic elements: (Ref: Para.