Reservation or Denial of Conclusion

73. The conclusion should clearly express circumstances where:

(a) the practitioner is of the view that one, some or all aspects of the subject
matter do not conform to the identified criteria;

(b) the assertion prepared by the responsible party is inappropriate in terms of

the identified criteria; or

(c) the practitioner is unable to obtain sufficient appropriate evidence to

evaluate one or more aspects of the subject matter’s conformity with the
identified criteria.

Where the practitioner expresses a reservation about the subject matter, the nature and
expression of that reservation is determined by the materiality of the matter giving rise to
the reservation, for example, whether it relates to some or all aspects of the subject matter
not conforming to the criteria (disagreement), or the inability of the practitioner to obtain
sufficient appropriate evidence on some or all aspects of the subject matter (limitation of
scope). When the practitioner expresses a reservation of conclusion or a denial of
conclusion, the report discloses all significant facts and reasons relating to the reservation
or denial.