51 paragraphs found
This Auditing Standard is operative for financial reporting periods commencing on or after 1 January 2010. [Note: For operative dates of paragraphs changed or added by an Amending Standard, see Compilation …
If the auditor is unable to obtain sufficient appropriate audit evidence regarding the opening balances, the auditor is required by ASA 705 [8] to express a qualified opinion or disclaim an opinion on the financial report, as appropriate, in accordance …
In respect of audit engagements conducted under the Corporations Act 2001 , the auditor’s opinion refers to a financial report for the current period, which include corresponding figures, and not to comparative financial report(s). Consequently, …
Because the auditor’s report on comparative financial reports applies to the financial report for each of the periods presented, the auditor may express a qualified opinion or an adverse opinion, disclaim an opinion, or include an Emphasis of Matter …
An illustrative example of the auditor’s report if the auditor is required to report on both the current and the prior period financial reports in connection with the current year’s audit and the prior period included a modified opinion and the matter …
When reporting on the prior period financial report in connection with the current period’s audit, the opinion expressed on the prior period financial report may be different from the opinion previously expressed if the auditor becomes aware of …
If the auditor is unable to obtain sufficient appropriate audit evidence regarding the opening balances, the auditor is required by ASA 705 to express a qualified opinion or disclaim an opinion on the financial report, as appropriate, in accordance with …
In respect of audit engagements conducted under the Corporations Act 2001 , if the prior period auditor’s report on the prior period financial report is amended by a predecessor auditor during the current financial year, the auditor is unable to express …
The predecessor auditor may be unable or unwilling to reissue the auditor’s report on the prior period financial report. An Other Matter paragraph of the auditor’s report may indicate that the predecessor auditor reported on the financial report of the …
See ASA 705 Modifications to the Opinion in the Independent Auditor’s Report . …