89 paragraphs found
Furthermore, the materiality determined for a single financial statement or for a specific element of a financial statement may be lower than the materiality determined for the entity’s financial report; this will affect the nature, timing and extent of …
ASA 700 requires the auditor, in forming an opinion, to evaluate whether the financial report provides adequate disclosures to enable the intended users to understand the effect of material transactions and events on the information conveyed in the …
Appendix 2 contains illustrations of independent auditor’s reports on a single financial statement and on a specific element of a financial statement. Other illustrations of auditor’s reports may be relevant to reporting on a single financial statement …
Paragraph 11 of this Auditing Standard explains that the auditor is required to apply the requirements in ASA 700, adapted as necessary in the circumstances of the engagement, when forming an opinion and reporting on a single financial statement or on a …
Depending on the applicable financial reporting framework used in the preparation of the single financial statement or the specific element of a financial statement, the description in the auditor's report of management’s responsibilities [28] relating …
ASA 700 requires the auditor to communicate key audit matters in accordance with ASA 701 for audits of a general purpose financial report of listed entities. [30] For audits of a single financial statement or a specific element of a financial statement, …
ASA 720 deals with the auditor’s responsibilities relating to other information. In the context of this Auditing Standard, reports containing or accompanying the single financial statement or specific element of a financial statement—the purpose of which …
The requirement in ASA 700 for the name of the engagement partner to be included in the auditor’s report where required by law or regulation also applies to audits of single financial statements and specific elements, accounts or items of a financial …
Paragraph 14 requires the auditor to consider the implications, if any, of certain matters included in the auditor’s report on the financial report for the audit of the single financial statement or the specific element of a financial statement and for …