(b) Evaluate the reliability of data (b) Evaluate the reliability of from which the data from which the practitioner’s expectation of recorded quantities expectation of practitioner’s or ratios is developed, taking recorded quantities or account of the source, ratios is developed, taking comparability, and nature and account of the source, relevance of information available, comparability, and nature and controls over preparation; and and relevance of information available, and Develop an expectation of controls over preparation; recorded quantities or ratios and which is sufficiently precise to identify possible material (c) Develop an expectation of misstatements. recorded quantities or ratios which is sufficiently precise to identify possible material misstatements. 43L. If analytical procedures identify 43R. If analytical procedures identify fluctuations or relationships that are fluctuations or relationships that inconsistent with other relevant are inconsistent with other information or that differ significantly relevant information or that from expected quantities or ratios, the differ significantly from expected practitioner shall make inquiries of the quantities or ratios, the entity about such differences. The practitioner shall investigate practitioner shall consider the such differences by: (Ref: Para. responses to these inquiries to A90(c)) determine whether other procedures are necessary in the circumstances. (a) Inquiring of the entity and (Ref: Para. A90(c)) obtaining additional evidence relevant to the responses; and entity’s (b) Performing other procedures as necessary in the circumstances. Reasonable Assurance Limited Assurance Procedures Regarding Estimates Procedures Regarding Estimates 44L. Based on the assessed risks of material 44R. Based on the assessed risks of misstatement, the practitioner shall: (Ref: material misstatement, the Para. A103–A104) practitioner shall evaluate whether: (Ref: Para. A103) Evaluate whether: (a) The entity has appropriately The entity has appropriately applied the requirements of applied the requirements of the the applicable criteria applicable criteria relevant to relevant to estimates; and estimates; and (b) The methods for making
(b) Evaluate the reliability of data from which the practitioner’s expectation of recorded quantities or ratios is developed, taking account of the source, comparability, and nature and relevance of information available, and controls over preparation; and Develop an expectation of recorded quantities or ratios which is sufficiently precise to identify possible material misstatements. 43L. If analytical procedures identify fluctuations or relationships that are inconsistent with other relevant information or that differ significantly from expected quantities or ratios, the practitioner shall make inquiries of the entity about such differences. The practitioner shall consider the responses to these inquiries to determine whether other procedures are necessary in the circumstances. (Ref: Para. A90(c)) (b) Evaluate the reliability of data from which the practitioner’s expectation of recorded quantities or ratios is developed, taking account of the source, comparability, and nature and relevance of information available, and controls over preparation; and (c) Develop an expectation of recorded quantities or ratios which is sufficiently precise to identify possible material misstatements. 43R. If analytical procedures identify fluctuations or relationships that are inconsistent with other relevant information or that differ significantly from expected quantities or ratios, the practitioner shall investigate such differences by: (Ref: Para. A90(c)) (a) Inquiring of the entity and obtaining additional evidence relevant to the entity’s responses; and (b) Performing other procedures as necessary in the circumstances. Limited Assurance Reasonable Assurance Procedures Regarding Estimates 44L. Based on the assessed risks of material misstatement, the practitioner shall: (Ref: Para. A103–A104) Evaluate whether: The entity has appropriately applied the requirements of the applicable criteria relevant to estimates; and Procedures Regarding Estimates 44R. Based on the assessed risks of material misstatement, the practitioner shall evaluate whether: (Ref: Para. A103) (a) The entity has appropriately applied the requirements of the applicable criteria relevant to estimates; and (b) The methods for making
PSAE-3410-greenhouse-gas.docx