ASRE 2410 - Review of an Interim Financial Report Performed by the Independent Auditor of the Entity - April 2006
OperationsOperations
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Operations
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Compare results with those of prior periods and those expected for the current period. Discuss significant variations with management.
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Discuss whether the recognition of major revenue and expenses have taken place in the appropriate periods.
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Enquire about the policies and procedures related to accrued income.
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Consider and discuss with management the relationship between related items in the revenue account and assess the reasonableness thereof in the context of similar relationships for prior periods and other information available to the auditor.