General Purpose This ISAP provides guidance to on when performing involving , to give – confidence that: are carried out professionally and with due care; The results are relevant to needs, are presented clearly and understandably, and are complete; and The assumptions and methodology (including, but not limited to, and modelling techniques) used are disclosed appropriately. This ISAP addresses how modelling activities in an may be involved should be governed, rather than how these activities should be performed. Scope This ISAP applies to all that support an decision making. It provides guidance – ’s to on appropriate to manage the risks inherent in selecting an existing modifying an existing , developing a new or using a . , Relationship to ISAP 1 Compliance with is a prerequisite to compliance with this – ISAP. References in to ISAP” should be interpreted as applying equally to this ISAP “this 1A, appropriate. Defined This ISAP uses various terms whose specific meanings are defined in the – Glossary. These terms are highlighted in the text with a dashed underscore and in blue, which is a hyperlink to the definition (e.g., ). Effective Date This ISAP is effective for { performed/ commenced/ performed relevant to – an event} on or after [Date].
General Purpose – This ISAP provides guidance to on when performing involving , to give confidence that: are carried out professionally and with due care; The results are relevant to needs, are presented clearly and understandably, and are complete; and The assumptions and methodology (including, but not limited to, and modelling techniques) used are disclosed appropriately. This ISAP addresses how modelling activities in an may be involved should be governed, rather than how these activities should be performed. Scope – This ISAP applies to all that support an ’s decision making. It provides guidance to on appropriate to manage the risks inherent in selecting an existing modifying an existing , developing a new , or using a . Relationship to ISAP 1 – Compliance with is a prerequisite to compliance with this ISAP. References in to “this ISAP” should be interpreted as applying equally to this ISAP 1A, appropriate. Defined – This ISAP uses various terms whose specific meanings are defined in the Glossary. These terms are highlighted in the text with a dashed underscore and in blue, which is a hyperlink to the definition (e.g., ). Effective Date – This ISAP is effective for { performed/ commenced/ performed relevant to an event} on or after [Date].