FORMING AN OPINION ON THE FINANCIAL STATEMENTS- OBJECTIVE OF THE AUDITOR
Objective of the Auditor as per SA 700
The objectives of the auditor as per SA 700 (Revised), “Forming An Opinion And Reporting On Financial Statements” are:
(a) To form an opinion on the financial statements based on an evaluation of the conclusions drawn from the audit evidence obtained; and
(b) To express clearly that opinion through a written report.
The auditor shall form an opinion on whether the financial statements are prepared, in all material respects, in accordance with the applicable financial reporting framework.
No comments:
Post a Comment