Qualifications & Other Comments in the Auditor's Report

Book Details

CONTENTS AT A GLANCE

Bharat?	5
Preface to the Third Edition	7
Detailed Contents	13

Division 1

Introduction to Audit Report Principles under SAs

Chapter 1 Auditing � Nature and Basic Concepts	1
Chapter 2 Audit Reports � Stipulations under Standards on Auditing	20
Chapter 3 Unique Document Identification Number (UDIN)	57

Division 2

Formats of Engagement and Representation Letters, Reports

Chapter 4 Illustrative Formats on Agreeing the Terms of Audit Engagements	63
Chapter 5 Illustrative Format of Representation Letter	80
Chapter 6 Specimen of Management Representation Letter on Statutory Audit (including Audit Trail)	82
Chapter 7 Illustrative Format on an Engagement Letter for an Agreed upon Procedures Engagement	97
Chapter 8 Illustrative Format on Engagement Letter for a Compilation Engagement	99
Chapter 9 Illustrative Format on Engagement Letter for a Review of Interim Financial Information	101
Chapter 10 Illustrative Format on Engagement Letter for an Engagement to Review Historical Financial Statements	103
Chapter 11 Illustrative Format on Independent Auditor�s Reports on Financial Statements	106
Chapter 12 Illustrative Format on Practitioner�s Report with an Unmodified Opinion	125
Chapter 13 Illustrative Format on Auditor�s Report on Emphasis of Matter Paragraph and Other Matter Paragraphs	127
Chapter 14 Illustrative Formats on Auditor�s Reports with Modifications to the Opinion	131
Chapter 15 Illustrative Formats of Auditor�s Report with Modified Opinion	141
Chapter 16 Illustrative Formats on Auditor�s Report on Corresponding Figures and Comparative Financial Statements	145
Chapter 17 Illustrative Formats on Auditor�s Reports Relating to Going Concern	149
Chapter 18 Illustrative Formats on Auditor�s Report Relating to Other Information	155
Chapter 19 Illustrative Formats on Practitioners� Compilation Reports	174
Chapter 20 Illustrative Formats on Review Reports on Interim Financial Information	179
Chapter 21 Illustrative Formats on Practitioners� Review Reports	181
Chapter 22 Illustrative Formats on Special Purpose Financial Statements	191
Chapter 23 Illustrative Formats on Summary Financial Statements	194
Chapter 24 Illustrative Format on a Report of Factual Findings in Connection with Accounts Receivable	199
Chapter 25 Illustrative Formats on a Single Financial Statement and a Specific Element of a Financial Statement	201
Chapter 26 Illustrative Format of an Unmodified Report on a Projection	206
Chapter 27 Illustrative Formats on Service Organization�s Assertions	207
Chapter 28 Illustrative Formats on Modified Service Auditor�s Assurance Reports	210
Chapter 29 Illustrative Formats on Service Auditor�s Assurance Reports	213
Chapter 30 Information Requests and Other Client Admin Letters � Letter of Weakness and Appendix	217
Chapter 31 Confirmation Letter for Struck Off Status to be sent by Company	218
Chapter 32 NOC Communication with predecessor	219
Chapter 33 Eligibility and Independence confirmation to be appointed (or) continue as auditors	220

Division 3

Revised Formats of Audit Reports(including Audit Trail)

Chapter 34 Revised Format of Audit Report for Private Limited Company without IFC, CARO 2020, Cash Flow	223
Chapter 35 Revised Format of Audit Report for Private Limited Company with IFC, CARO 2020, Cash Flow	229
Chapter 36 Revised Format of Audit Report for Private Limited Company without IFC, but with CARO 2020, Cash Flow	235
Chapter 37 Revised Format of Audit Report for Private Limited Company without IFC, CARO 2020 but with Cash Flow	241

Division 4

Illustrative Audit Paras for Qualification, Adverse,Disclaimer, KAM, EOM, OM Matters

Chapter 38 Qualified Opinion � Illustrative Reporting Comments	247
Chapter 39 Material uncertainty related to Going Concern � Illustrative Reporting Comments	302
Chapter 40 Emphasis of Matter Paragraph � Illustrative Reporting Comments	312
Chapter 41 Other Matter Paragraph � Illustrative Reporting Comments	340
Chapter 42 Key Audit Matters � Illustrative Reporting Comments	354
Chapter 43 Disclaimer Opinion � Illustrative Reporting Comments	456
Chapter 44 Adverse Opinion � Illustrative Reporting Comments	462
Chapter 45 Other Information Paragraph � Illustrative Reporting Comments	465
Chapter 46 Internal Controls over Financial Reporting	473

Division 5

Specimen CARO Reporting and Accounting Policies

Chapter 47 CARO, 2020 � Specimen Report	479
Chapter 48 Specimen Significant Accounting Policies	486
Chapter 49 Statutory Auditors� Responsibilities in Relation to Fraud in a Company	498