ACCA《P高级审计与认证业务》知识辅导.doc

ACCA《P7高级审计与认证业务》知识辅导3 本文由高顿ACCA整理发布，转载请注明出处 　　　CONTINUE TO BE REST ASSURED? 　　This article looks at the topic of assurance in the context of Paper P7, Advanced Audit and Assurance, describing a framework for the classification of assurance and non-assurance engagements, and giving guidance on the practical approach required when undertaking assurance assignments ? 　　Note: ISAE 3000, ISAE 3400, ISRS 4400, ISRS 4410 and ISRE 2400 are not examinable documents for Paper P7 UK and Ireland. ? 　　ASSURANCE ENGAGEMENTS ? 　　The glossary of terms published by the International Auditing and Assurance Standards Board （IAASB） describes an assurance engagement as: ? 　　‘An engagement in which a practitioner expresses a conclusion designed to enhance the degree of confidence of the intended users other than the responsible party about the outcome of the evaluation or measurement of a subject matter against criteria.’ ? 　　IAASB AND THE ASSURANCE FRAMEWORK ? 　　The IAASB has developed the International Framework for Assurance Engagements in which it gives detailed guidance on assurance and non-assurance engagements. The structure and hierarchy of pronouncements are summarised at in the IAASB handbook, which is freely available online. For Paper P7 purposes, a summary of the developing framework for assurance and non-assurance engagements is shown below: ? 　　ASSURANCE ENGAGEMENTS ON HISTORIC FINANCIAL INFORMATION ? 　　The first distinction to be made is to distinguish between the two types of assurance engagements on historic financial information that can be provided. The difference is the level of assurance provided on the historical information. ? 　　Reasonable assurance engagement This is a statutory audit, where the approach required will need to be consistent with local legislative requirements, such as the Companies Act 2006 in the UK, and audit work will need to be carried out in accordance with International Standards on Auditing （ISAs）。 The auditor will express a conclusion de