ASRE 2410 - Review of an Interim Financial Report Performed by the Independent Auditor of the Entity - April 2006
Investments (Including Associated EntitiInvestments (Including Associated Entities and Financial Instruments)
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Investments (Including Associated Entities and Financial Instruments)
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Obtain a schedule of the investments at the balance sheet reporting date and determine whether it agrees with the trial balance.
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Enquire about the accounting policy applied to investments.
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Enquire from management about the carrying values of investments. Consider whether there are any realisation problems.
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Consider whether there has been proper accounting for gains and losses and investment income.
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Enquire about the classification of long-term and short-term investments.