74 paragraphs found
When forming an opinion and reporting on a special purpose financial report, the auditor shall apply the requirements in ASA 700. [6] …
ASA 700 requires the auditor to evaluate whether the financial report adequately refers to or describes the applicable financial reporting framework. [7] In the case of a financial report prepared in accordance with the provisions of a contract, the …
ASA 700 deals with the form and content of the auditor’s report, including the specific ordering for certain elements. In the case of an auditor’s report on a special purpose financial report: The auditor’s report shall also describe the purpose for …
The auditor’s report on a special purpose financial report shall include an Emphasis of Matter paragraph alerting users of the auditor’s report that the financial report is prepared in accordance with a special purpose framework and that, as a result, the …
See ASA 315 Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment , paragraph 11(c) …
Or other term that is appropriate in the context of the legal framework in the particular jurisdiction. …