Årgang 18 | Nummer 54 | September 2013
5. Conclusion
As stated in the introduction of this article, the main arguments against adapting the ARM to assurance engagements in general are: 1. The ARM only applies to financial statement audits 2. The natures of assurance engagements in general are so many facetted that a model covering them all would have to be so abstract, that it would lose its meaning. The first argument has been refuted effectively. The International Framework for Assurance Engagements, which is the theoretical base for ISA, may have a tendency to exemplify the ARM by means of the financial statement audit. Having said that, the term “assurance engagement” is expressed using the general terms “outcome”, “subject matter”, and “criteria”. We have used these general
terms to rid the ARM of its reference to the financial statement audit. This maneuver led us to find that – while applicable t ??WF6??R&6VBV?vvV?V?G2( 2F?R??F?f?VB$?6W'F???v2??B7V?F&?Rf?"&?6W72&6VBV?vvV?V?BF?W2v?f??r?W&?BF????&wV?V?B???#?F?BF?R?GW&W2?b77W&?6RV?vvV?V?G2??vV?W&?&R6????f6WGFVBF?B??FV?6?fW&??rF?V????2?V???v?W72?F?R&??'?F?ffW&V?6R??Bv?V?B6VV???2v?WF?W"F?R77W&?6RV?vvV?V?B?2&WG&?7V7F?fR?"&?7V7F?fR?6???v?VFv??rF??2??$?v2FWfV??VB7V6?f?6??f?"&?6W72&6VBV?vvV?V?B?F?R$??6&?RF?F?R&?6W72&6VBV?vvV?V?B?ffW'2?V???vgV??V7W&Rf?"VF?B&?6??6WGF?W2F?R?'67W&?F?W2&WGvVV??"?B5"??B?f?????VffV7F?fV?&V??fW2E"g&??F?RgV?7F????v?B?2F?W2??BF??2F?FG&W72F?R??F????b?FW&??G?( 2?&VF?Bv????VVBF?&RFG&W76VBgW'F?W"?B??&RF?R7V&?V7B?b?FW"'F?6?R?f?&V???vV?b??FW&?R&Wf?6?&W"?6?FR3???