77 paragraphs found
When an uncorrected material misstatement of the other information has been identified in the auditor’s report on the audited financial report and that uncorrected material misstatement relates to a matter that is dealt with in the information in a …
ASA 720 , adapted as necessary in the circumstances, may be helpful to the auditor in determining the appropriate action to respond to management’s refusal to make necessary revisions to the information, including considering the implications for the …
A title indicating the report is the report of an independent auditor, for example, “Report of the Independent Auditor,” affirms that the auditor has met all of the relevant ethical requirements regarding independence. This distinguishes the report of …
Factors that may affect the auditor’s evaluation of the appropriateness of the addressee of the summary financial statements include the terms of the engagement, the nature of the entity, and the purpose of the summary financial …
When the auditor is aware that the summary financial statements will be included in a document that contains information other than the summary financial statements and the auditor’s report thereon, the auditor may consider, if the form of presentation …
The person or persons with recognised authority to conclude that the summary financial statements have been prepared and take responsibility for them depend on the terms of the engagement, the nature of the entity, and the purpose of the summary financial …
Paragraph 19(i) of this Auditing Standard requires the auditor to include a statement in the auditor’s report on the summary financial statements when the auditor’s report on the audited financial report includes communication of one or more key audit …
The statement(s) and description(s) required by paragraph 19 are intended to draw attention to those matters and are not a substitute for reading the auditor’s report on the audited financial report. The required descriptions are intended to convey the …
The Appendix to this Auditing Standard contains illustrations of auditors’ reports on summary financial statements that variously: Contain unmodified opinions; Are derived from an audited financial report on which the auditor issued modified opinions; …
If the audited financial report contains comparatives, there is a presumption that the summary financial statements also would contain comparatives. Comparatives in the audited financial report may be regarded as corresponding figures or as comparative …