Beruflich Dokumente
Kultur Dokumente
Management Auditor
Auditor report should state that The responsibility of the auditor is to
financial statements are responsibility express an opinion on the financial
of management statement based on audit
D Scope Paragraph
1. The report should described the scope of audit by stating the
audit was conducted in accordance with the auditing standards generally
accepted in India
2. The report should include a statement that audit provides a
reasonable basis for opinion
3. The audit report should describe. The audit done is on basis
of
a) Examining on a test basis
b) Evidence supporting amounts and disclosures in
financial statement obtained
c) Assessment of accounting principles used in
preparation of financial statement
d) Assessment of significant estimates made by
management
e) Evaluation of overall financial presentations
The basic objective of audit is audit provides only Reasonable
assurance and by stating this in scope paragraph the inherent limitations of
audit are also signified.
Statements of facts [Report on Principles assertions u/s 227 (3)] is
included in scope paragraph.
1. 227 3a- Whether auditor has obtained all
information and explanation which to best of his knowledge and belief were
necessary for purpose of audit.
2. 227 (3) (b)- Whether in his opinion proper
books of account have been kept by company so far as appears from his
examination
Whether proper returns of branches not visited by him have been received
3. 227 (3) bb-Whether the report on accounts of
any branch office audited u/s 228, by a person other than company auditor has
been forwarded to him
How he has debt with the same in preparing the auditor report.
4. 227 3 (c)-Whether the P&L A/c & B/s are in
agreement with the books of account and returns
227 (3) (d)- Whether in his opinion B/s & P&L comply with accounting standard
referred to in Sec 211 (3C)
5. 227 (3) (f)- Whether any director is disqualified
from being appointed as director U/s 2741 (g)
6. 227 (3) (e)- Auditor shall state his observations
or comments which have adverse effect on functioning of company
F. PLACE OF SIGNATURE
The report should name the specific location which is generally the city where
audit report is signed
G. AUDITOR SIGNATURE
1. Only a person appointed as auditor should sign
in case of proprietor firm
2. In case firm is appointed then a partner
practicing in India should sign.
Membership no to be mentioned below Name & Signature
SPECIAL AUDIT SEC 233 (A)
Scope