Buisness Organisation
Standards on Auditing applicable from the 1.04.2011 Index
Sr. No. 1 2 3
Name of the Standard SA 700 (Revised)- Forming an Opinion and Reporting on Financial Statements SA 705- Modifications to the Opinion in the Independent Auditor’s Report SA 706- Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report
4
SA 710(Revised)- Comparative Information - Corresponding Figures and Comparative Financial Statements
5
SA 800- Special Considerations-Audits of Financial Statements Prepared in Accordance with Special Purpose Framework
6
SA 805- Special Considerations-Audits of Single Purpose Financial Statements and Specific Elements, Accounts or Items of a Financial Statement
7
SA 810- Engagements to Report on Summary Financial Statements
Standard on Auditing (SA) 700 (Revised) Forming an Opinion and Reporting on Financial Statements
Contents
Paragraph(s)
Introduction Scope of this SA................................................................................................ 1-4 Effective Date ...................................................................................................... 5 Objectives ........................................................................................................... 6 Definitions ....................................................................................................... 7-9 Requirements Forming an Opinion on the Financial Statements ......................................... 10-15 Form of Opinion ............................................................................................ 16-19 Auditor’s Report ............................................................................................ 20-45 Supplementary Information Presented with the Financial Statements ......... 46-47 Application and Other Explanatory Material Qualitative Aspects of the Entity’s Accounting Practices ............................. A1-A3 Disclosure of the
Sr. No. 1 2 3
Name of the Standard SA 700 (Revised)- Forming an Opinion and Reporting on Financial Statements SA 705- Modifications to the Opinion in the Independent Auditor’s Report SA 706- Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report
4
SA 710(Revised)- Comparative Information - Corresponding Figures and Comparative Financial Statements
5
SA 800- Special Considerations-Audits of Financial Statements Prepared in Accordance with Special Purpose Framework
6
SA 805- Special Considerations-Audits of Single Purpose Financial Statements and Specific Elements, Accounts or Items of a Financial Statement
7
SA 810- Engagements to Report on Summary Financial Statements
Standard on Auditing (SA) 700 (Revised) Forming an Opinion and Reporting on Financial Statements
Contents
Paragraph(s)
Introduction Scope of this SA................................................................................................ 1-4 Effective Date ...................................................................................................... 5 Objectives ........................................................................................................... 6 Definitions ....................................................................................................... 7-9 Requirements Forming an Opinion on the Financial Statements ......................................... 10-15 Form of Opinion ............................................................................................ 16-19 Auditor’s Report ............................................................................................ 20-45 Supplementary Information Presented with the Financial Statements ......... 46-47 Application and Other Explanatory Material Qualitative Aspects of the Entity’s Accounting Practices ............................. A1-A3 Disclosure of the