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As-27

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02 December 2015 while forming an opinion on Financial Statements of An Entity have 10 Joint Ventures. the auditor in his report has considered 6 out of 10 Joint Ventures., and for Four Joint Ventures has mentioned that, the financial statements have not been received. the impact could not be determined and therefore cannot be commented by us. our opinion is not qualified in respect of this matter. whether this is sufficient as per disclosure requirements of AS-27....?

12 December 2015 If you cannot determine the impact to conclude that it is immaterial, audit opinion on cfs needs to be qualified as per SA 705



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