Evaluating the Evidence Obtained

insurance

Where the assurance practitioner is unable to identify controls which are suitable or controls as designed are not suitable to achieve the identified control objective/s, this shall constitute a deficiency in the designof controls.The assurance practitioner shall accumulate deficiencies in the designof controls, other than those which are clearly trivial,and identify any compensating controls in the design which may mitigate those deficiencies in achieving the identified control objectives. The existence of compensating controls maybe identified during the course of the engagement even if they were not identified in the design at the outset. The assurance practitioner shall assess the design deficiencies and determine whether they have a material impact on achieving the control objectives on which the assurance practitioner is required to conclude.

Misstatements in the Descriptionof the System

If misstatements, such as insufficient detail to meet the needs of users or controls are described differently to the controls designed,are identified by the assurance practitioner in the description of the system, the assurance practitioner shall advise the responsible party of those inaccuracies, inadequacies or omissions, other than those which are clearly trivial. The assurance practitioner shall provide the responsible party with the opportunity to amend the description, unless prohibited by legislation or the terms of the engagement, so that it reflectsthe system as designed at a point in time and/or during the period. 66.If the responsible party declines to amend the description when misstatements are identified, the assurance practitioner shall consider the materiality of the misstatements and their impact on the assurance conclusion. If the assurance conclusion is to be modified with respect to the fair presentation of the description of the system, the assurance practitioner shall consider whether the description can provide a basis for testing the design, implementation or operating effectiveness of the system.

geico car insurance quote geico quote geico auto insurance geico phone number geico insurance phone number
small business insurance, What insurance do you need for a small business?

How much is insurance for small business per month?

What is the best insurance for a small business?

What is general liability insurance for small business?
business insurance, What insurance do you need for a small business?

What is covered by business insurance?

How much is small business insurance per month?

What are the different types of business insurance?
Who has the cheapest home insurance?

Do homeowners insurance quotes affect credit score?

Who has the cheapest home insurance in Texas?
car insurance florida
Can I get an insurance quote before buying a house?
Who has the cheapest car insurance in Florida?

Deficienciesin Implementationof Controls

The assurance practitioner shall accumulate any deficienciesin implementation of controls as designed, identified during the engagement, other thanthose which are clearly trivial,and assess whether the combined deficiencieswill have a material impact on the implementation of controls as designed.

Deviations in Operating Effectiveness of Controls

The assurance practitioner shall investigate the nature and cause of any deviationsfrom the design identified in the operation of the controls, other than those which are clearly trivial,and shall determine whether identified deviations are within the expected rate of deviation and are acceptable; therefore, the testing that has been performed provides an appropriate basis for a reasonable or limited assurance conclusion, as applicable,that the control operatedeffectively throughout the period.

insurance car insurance life insurance cheap car insurance car insurance quotes insurance quotes renters insurance auto insurance home insurance compare car insurance insurance companies homeowners insurance cheap insurance auto insurance quotes car insurance companies cheap auto insurance house insurance motorcycle insurance business insurance term life insurance life insurance quotes home insurance quotes liability insurance the general quote car insurance near me best car insurance car insurance online vehicle insurance auto insurance companies motorbike insurance the general auto insurance multi car insurance insurance companies near me commercial insurance auto insurance near me online insurance workers compensation insurance boat insurance cheap car insurance quotes compare insurance professional liability insurance affordable insurance compare car insurance quotes affordable car insurance small business insurance best auto insurance compare home insurance cheap insurance quotes motorcycle insurance quote cheap car insurance near me term life insurance quotes car insurance price very cheap car insurance full coverage insurance general liability insurance young driver insurance car insurance policy cheap home insurance errors and omissions insurance commercial vehicle insurance compare insurance quotes e&o e&o insurance house insurance quotes car insurance quotes online cheap insurance companies the general insurance quote commercial auto insurance insurance quotes online best insurance cheap insurance near me homeowners insurance quote very cheap car insurance no deposit liability insurance coverage cheap motorcycle insurance car policy compare life insurance compare auto insurance affordable auto insurance workers comp insurance cheap full coverage insurance business liability insurance commercial general liability insurance car insurance companies near me condo insurance cheap car insurance companies automobile insurance full coverage car insurance vehicle insurance online small business health insurance buy car insurance online buy car insurance online appliance car insurance for young drivers home and auto insurance renters insurance quotes business car insurance motor vehicle insurance cheap auto insurance near me cheap homeowners insurance liability car insurance car insurance for new drivers free insurance quotes life insurance quotes online auto quotes allstate car insurance quote car insurance brokers family life insurance whole life insurance quotes free car insurance quotes cheap house insurance affordable life insurance car insurance cost home appliance insurance cheap full coverage car insurance best term insurance low cost auto insurance insure my car new car insurance buy cheap auto insurance online online auto insurance general insurance quote full coverage auto insurance

additional testing of the control or of other compensating or indirect controls is necessary to reach a reasonable or limited assurance conclusion,as applicable,on whether the controls relative to a particular control objective operatedeffectively throughout the period;or the testing that has been performed provides an appropriate basis for a reasonable or limited assurance conclusion,as applicable,that the control/sdid not operate effectively throughout the period.

The assurance practitioner shall accumulate deviationsin the operating effectiveness of controls identified during the engagement, other than those which are clearly trivial, and identify any compensatingcontrols which may mitigate those deviations.

Be the first to comment

Leave a Reply

Your email address will not be published.


*