77 paragraphs found
The auditor’s report on the summary financial statements may be dated later than the date of the auditor’s report on the audited financial report. In such cases, the auditor’s report on the summary financial statements shall state that the summary …
The auditor may become aware of facts that existed at the date of the auditor’s report on the audited financial report, but of which the auditor previously was unaware. In such cases, the auditor shall not issue the auditor’s report on the summary …
The auditor shall read the information included in a document containing the summary financial statements and the auditor’s report thereon and consider whether there is a material inconsistency, between that information and the summary financial …
If the auditor identifies a material inconsistency, the auditor shall discuss the matter with management and determine whether the summary financial statements or the information included in the document containing the summary financial statements and the …
The auditor’s report on summary financial statements shall include the following elements: [4] (Ref: Para. A23 ) A title clearly indicating it as the report of an independent auditor. (Ref: Para. A17 ) An addressee. (Ref: Para. A18 ) Identification of …
If the addressee of the summary financial statements is not the same as the addressee of the auditor’s report on the audited financial report, the auditor shall evaluate the appropriateness of using a different addressee. (Ref: Para. A18 …
The auditor shall date the auditor’s report on the summary financial statements no earlier than: (Ref: Para. A20 ) The date on which the auditor has obtained sufficient appropriate evidence on which to base the opinion, including evidence that the summary …
When the auditor’s report on the audited financial report includes: A qualified opinion in accordance with ASA 705; [7] An Emphasis of Matter paragraph, or an Other Matter paragraph in accordance with ASA 706; [8] A Material Uncertainty Related to Going …
When the auditor’s report on the audited financial report contains an adverse opinion or a disclaimer of opinion, the auditor’s report on the summary financial statements shall, in addition to the elements in paragraph 16 : State that the auditor’s report …
If the summary financial statements are not consistent, in all material respects, with or are not a fair summary of the audited financial report, in accordance with the applied criteria, and management does not agree to make the necessary changes, the …