Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
BAC2664AUDITING_L4_

BAC2664AUDITING_L4_

Ratings: (0)|Views: 61 |Likes:
Published by sueern

More info:

Published by: sueern on Jun 15, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

05/11/2014

pdf

text

original

 
1
AUDITINGBAC2664 (New), BAC2287(Old)
Topic 4Audit Report
 
2
Audit Report
Objective and format of audit reportRequirement of statutory auditTrue and fair reportTypes of audit report under CA 1965Conditions requiring qualified reportMateriality and its importanceRequirement of 9
th
ScheduleAudit of holding company and its group of companiesUsing other auditors’ workOther information in the audited financial statements
 
3
What is an Audit Report, Objectiveof an Audit Report (AR)
An AR is an expression of the auditor’s opinionbased on the conclusions drawn from the auditevidence obtained.In preparing the AR, the auditors have to complywith S174(2) of CA 1965 and with the basicprinciples and procedures of the InternationalStandard on Auditing 700 (AI 700), The Auditor’sReport on Financial Statements.According to paragraph 4, AI 700, the AR shouldcontain a clear written expression of opinion onthe financial statements as a whole.

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->