138 paragraphs found
An interim financial report means a financial report that is prepared in accordance with an applicable financial reporting framework [1] for a period that is shorter than the entity’s financial …
A financial report means a complete set of financial statements including the related notes and an assertion statement by those responsible for the financial report. The related notes ordinarily comprise a summary of significant accounting policies and …
An applicable financial reporting framework means a financial reporting framework adopted by management, and where appropriate, those charged with governance, in the preparation of the financial report that is acceptable in view of the nature of the …
Download example Procedures that may be Performed in a Review Engagement. …
The auditor needs, when relevant, to consider materiality from the perspective of both the entity and the consolidated entity. …
A review ordinarily does not require tests of the accounting records through inspection, observation or confirmation. Procedures for performing a review of a financial report ordinarily are limited to making enquiries, primarily of persons responsible …
The auditor ordinarily performs the following procedures: Reading the minutes of the meetings of shareholders, those charged with governance and other appropriate committees to identify matters that may affect the financial report, and enquiring about …