41 paragraphs found
The preparation of summary financial statements requires management to determine the information that needs to be reflected in the summary financial statements so that they are consistent, in all material respects, with or represent a fair summary of the …
ASA 701 Communicating Key Audit Matters in the Independent Auditor’s Report . …
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 …
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 …
ASA 720 deals with the auditor’s responsibilities relating to other information in an audit of a financial report. In the context of ASA 720, other information is financial or non‑financial information (other than a financial report and the auditor’s …
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 …
If the audited financial report contains comparatives, but the summary financial statements do not, the auditor shall determine whether such omission is reasonable in the circumstances of the engagement. The auditor shall determine the effect of an …
ASA 700 [16] contains requirements and guidance to be applied when unaudited supplementary information is presented with an audited financial report that, adapted as necessary in the circumstances, may be helpful in applying the requirement in paragraph …
ASA 210, Agreeing the Terms of Audit Engagements , paragraphs A3 and A8–A9 . …
… be adequate for the purposes of paragraphs 14–15 of this Auditing Standard. …