A. This Guidance Note covers assurance engagements other than audits or reviews of historical financial information, as described in the Framework for Assurance Engagements (Assurance Framework) issued by the ICAI. This Guidance Note does not apply to assurance engagements for which subject-specific Standards on Assurance Engagements have been issued by the ICAI. Not all engagements performed by the practitioners are assurance engagements. Some frequently performed engagements that are not assurance engagements, and therefore not covered by the Guidance Note, include: (a) (b) (c) Engagements covered by Standards on Related Services (SRS), such as agreed-upon procedures and compilation engagements; The preparation of tax returns where no assurance opinion/conclusion is expressed; and Consulting (or advisory) engagements, such as management and tax consulting.