Professional Documents
Culture Documents
The comparatives are not specifically identified because the auditors opinion is
on the current periods financial statements as a whole (including the corresponding
figures)
An entity may publish many documents like annual reports that contain other
information in addition to audited financial statements and auditors report. When this
occurs the following guidelines must be observed.
Material Inconsistencies
- If the auditor identifies that there is a material inconsistency, the auditor should
determine whether the audited fs or other information needs to be amended
Material Misstatement of Fact
Reporting Responsibility
- Therefore, the auditors report on the group financial statement shall not refer to
a component auditor