228 paragraphs found
If the auditor: concludes that, based on the audit evidence obtained, the financial report as a whole is not free from material misstatement; or is unable to obtain sufficient appropriate audit evidence to conclude that the financial report as a whole is …
If the financial report prepared in accordance with the requirements of a fair presentation framework does not achieve fair presentation, the auditor shall discuss the matter with management and, depending on the requirements of the applicable financial …
When the financial report is prepared in accordance with a compliance framework, the auditor is not required to evaluate whether the financial report achieves fair presentation. However, if in extremely rare circumstances the auditor concludes that such …
The auditor’s report shall have a title that clearly indicates that it is the report of an independent auditor. (Ref: Para. A20) …
The auditor’s report shall be addressed, as appropriate, based on the circumstances of the engagement. (Ref: Para. A21) …
The first section of the auditor’s report shall include the auditor’s opinion, and shall have the heading “Opinion.” …
The Opinion section of the auditor’s report shall also: Identify the entity whose financial report has been audited; State that the financial report has been audited; Identify the title of each statement comprising the financial report; Refer to the …
When expressing an unmodified opinion on a financial report prepared in accordance with a fair presentation framework, the auditor’s opinion shall, unless otherwise required by law or regulation, use one of the following phrases, which are regarded as …
When expressing an unmodified opinion on a financial report prepared in accordance with a compliance framework, the auditor’s opinion shall be that the accompanying financial report is prepared, in all material respects, in accordance with [the applicable …