Audit Report Section E Flashcards
Elements Of Audit Report?
Sir told to remember 7 for paper
What is audit report?
Types of Opinion in Audit?
Unmodified Opinion or unqualified?
Qualified Opinion?
Adverse Opinion?
Disclaimer of Opinion?
Eom and Om Paragraphs?
Contents Of EOM Para?
Issues Relating to Other Information?
1- Inconsistency b/w F/s and Other Info
2- Material misstatement in other info
What should auditor do if there is inconsistency between F/s and Other INfo/
What should auditor do if there is Material Misstatement of facts in other information?
Overall Review of f/s?
What is the Auditors responsibility in Subsequent Events?
What is going Concern?
Indicators of going concern Problem?
Auditors And management duties in Going Concern ?
Audit Procedures in Going Concern?
Reporting Issues in Going Cincern?
What is Written Representation?
On what matters auditor should take written representation?
What is the quality and Reliability and appropriateness of written representation?
How to obtain a written Representation?
Reporting issue of written reperesentation?