Document ID: chunk:federal_register_of_legislation:F2025L00107:front:0:p55
Version: federal_register_of_legislation:F2025L00107
Segment Type: other
Provision Reference: 
Character Range: 187675–191246

If the assurance engagement for the prior period had a different level of assurance or a different engagement scope than the current period, that fact and what those differences were; or

         2.                 If the assurance engagement for the prior period was conducted by a predecessor practitioner:

                 1.                  That fact;

                 2.                The type of conclusion provided by the predecessor practitioner;

                 3.              If the conclusion was modified, the reasons for any modification; and

                 4.              The date of that report.

 5.            Irrespective of whether the practitioner's conclusion refers to the comparative information, if the practitioner becomes aware that there may be a material misstatement of the comparative information presented, the practitioner shall: (Ref: Para. A601)

         1.                 Discuss the matter with management and perform procedures appropriate in the circumstances;

         2.                 Consider the effect on the assurance report; and

         3.                 If the comparative information presented contains a material misstatement, and the comparative information has not been restated:

                 1.                  When the practitioner's conclusion refers to the comparative information, the practitioner shall express a qualified conclusion or an adverse conclusion in the assurance report; or

                 2.                When the practitioner's conclusion does not refer to the comparative information, the practitioner shall include an Other Matter paragraph in the assurance report describing the circumstances affecting the comparative information.

Documentation

Matters Arising After the Date of the Assurance Report

 1.            If, in exceptional circumstances, the practitioner performs new or additional procedures or draws new conclusions after the date of the assurance report, the practitioner shall document: (Ref: Para. A602)

         1.                 The circumstances encountered;

         2.                 The new or additional procedures performed, evidence obtained, and conclusions reached, and their effect on the assurance report; and

         3.                 When and by whom the resulting changes to engagement documentation were made and reviewed.

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Application and Other Explanatory Material

Introduction

Sustainability Information (Ref: Para. 2–5)

 1.              Sustainability information is often intended to give insight into sustainability-related risks and opportunities for users to understand and evaluate the impacts of sustainability matters on the entity or the entity's actual or potential impacts, positive or negative, on the environment, society or economy.

 2.              The framework criteria determine the principles and concepts regarding the measurement or evaluation of sustainability matters.  Although the framework may not specify how to measure or evaluate all sustainability matters, it ordinarily embodies sufficient broad principles that can serve as a basis for the entity to select and apply reporting policies that are consistent with the underlying concepts in, and meet the objectives of, the requirements of the framework.

 3.              The entity's process to identify sustainability information to be reported, including the identification and selection of the sustainability matters and the reporting boundary, may be required by the sustainability reporting framework or entity-developed