Acca aaa s21 Notes

concludes
that nothing has come to his attention to 
indicate that the financial statements do not show a true a fair view (ie 
negative
assurance). 
Faster and cheaper, but less confidence in the figures is provided. ISREs apply.
2.2. Other assurance engagements (ISAEs apply)
๏
Prospective financial information (ISAE 3400) - see Chapter 27.
๏
Due diligence reviews - (see Chapter 29).
๏
Controls at a service organisation (ISAE 3402). The service auditor's report will be a type 1 or 
type 2 report (see Chapter 18).
๏
Compilation of pro forma financial information included in a prospectus (ISAE 3420). This 
involves gathering, classifying, summarising and presenting financial information to illustrate 
the impact of a significant event/transaction on an entity's unadjusted financial information. The 
practitioner's 
sole
responsibility is to report:
‣
whether the pro forma financial information has been compiled "in all material respects" 
‣
by the responsible party (usually management)
‣
on the basis of the applicable criteria (eg the adjustments are directly attributable to the 
event/transaction and factually supportable).
September 2021 to June 2022 exams
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3. Related services (ISRSs apply)
3.1. Agreed-upon procedures (ISRE 4400)
Where the auditor and client agree on the investigations to be carried out and on the work do be 
done. For example, assessing how much has been lost through an incidence of fraud or a warehouse 
fire. The auditor carries out procedures of an audit nature and reports