ASRE 2410 - Review of a Financial Report Performed by the Independent Auditor of the Entity - October 2009
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CONTENTS
COMPILATION DETAILS
AUTHORITY STATEMENT
Paragraphs
Application.................................................................1
Operative Date..............................................................2
Introduction
Scope of this Auditing Standard on Review Engagements................................3
Objective..................................................................4
Definitions.................................................................5
Requirements
Performing a Review..................................................6‑7
General Principles of a Review of a Financial Report..........................8‑10
Agreeing the Terms of the Engagement...................................11‑12
Procedures for a Review of a Financial Report..............................13‑14
Materiality.................................................................15
Enquiries, Analytical and Other Review Procedures..........................16‑20
Comparatives – First Financial Report.............................................21
Evaluation of Misstatements....................................................22
Written Representations..............................................23‑24
Auditor’s Responsibility for Accompanying Information......................25‑26
Communication....................................................27‑31
Reporting the Nature, Extent and Results of the Review of a Financial Report................32
Departure from the Applicable Financial Reporting Framework.................33‑34
Limitation on Scope..........................................................35
Limitation on Scope Imposed by Management..............................36‑38
Other Limitations on Scope Not Imposed by Management...............................39
Going Concern and Significant Uncertainties...............................40‑43
Documentation..............................................................44
Application and Other Explanatory Material
Objective........................................................A1‑A3
Performing a Review.........................................................A4
General Principles of a Review of a Financial Report........................A5‑A7
Agreeing the Terms of the Engagement............................................A8