CGOV.10:4.1 - Define the subject, question and required conclusion

Name the matter to be examined: a set of financial statements, a specified control over a period, a reported measure or another corporate claim. Recover the criteria against which it is assessed and the receiving decision or reporting obligation.

Distinguish what the current question needs. Financial-statement audit, internal audit, a limited assurance engagement and an advisory examination can have different subjects, procedures and conclusions. Select from the applicable professional and institutional basis rather than treating their labels as interchangeable levels of confidence.

Recover any mandatory engagement, appointment, qualification, independence or reporting conditions. For discretionary work, identify the attainable contribution before commissioning it. The request “more assurance” is incomplete until the question it could answer is clear.