Document ID: chunk:federal_register_of_legislation:F2025L00107:front:0:p81
Version: federal_register_of_legislation:F2025L00107
Segment Type: other
Provision Reference: 
Character Range: 265167–268428

assurance engagement are appropriate in the circumstances.

     * Matters related to planning the engagement, such as the consideration or determination of materiality.

     * The composition of the engagement team, including personnel with expertise in one or more sustainability matters addressed in the engagement.

     * The decision to involve a practitioner's expert, including the decision to involve an external expert.

     * The engagement team's risk assessment procedures, including situations when the identification and assessment of the risks of material misstatement requires significant judgement by the engagement team.

     * For a group sustainability assurance engagement:

       * The proposed approach to the engagement for addressing where, and by whom, evidence needs to be obtained.

       * Decisions about the involvement of component practitioners and using the work of another practitioner, including, for example, in areas of higher assessed risk of material misstatement of the sustainability information.

         + Results of the procedures performed on areas of the engagement involving significant management judgement.

         + The evaluation of the work performed by a practitioner's external expert or another practitioner, and conclusions drawn therefrom.
         + The significance and disposition of corrected and uncorrected misstatements identified during the engagement.

          + The evaluation of matters that may affect the assurance report, including modification of the practitioner's conclusion.

 1.       The engagement leader exercises professional judgement in determining other matters to review, for example based on:

           * The nature and circumstances of the engagement.

           * Which engagement team member performed the work.

           * Matters relating to recent inspection findings.

           * The requirements of the firm's policies or procedures.

Review of Formal Written Communications (Ref: Para. 49)

 1.       The engagement leader uses professional judgement in determining which written communications to review, taking into account the nature and circumstances of the engagement. For example, it may not be necessary for the engagement leader to review communications between the engagement team and management in the ordinary course of the engagement.

Using the Work of Others

Using the Work of Another Practitioner (Ref: Para. 50–55)

 1.       Using the work of another practitioner may include using work that has already been completed, or that is yet to be performed but will be completed prior to completion of the practitioner's engagement. Such work may specifically relate to sustainability matters or may be other assurance or non-assurance work that, in the practitioner's judgement, is relevant to the sustainability assurance engagement. The practitioner exercises professional judgement in determining whether the work of another practitioner is relevant to, and is appropriate for purposes of the practitioner's engagement, and the extent to which such work can be used in the circumstances. The extent of the practitioner's procedures to evaluate the work of another practitioner in accordance with paragraph 50 is influenced by: