25 Overall Objectives of Auditor
In conducting an audit of financial statements, the overall objectives of the auditor are
● To obtain reasonable assurance about
whether the financial statements as a whole
are free from material misstatement,
■ whether due to fraud or error,
thereby enabling the auditor to express an opinion on
■ whether the financial statements are prepared,
■ in all material respects,
■ in accordance with an applicable financial reporting framework; and
● To report on the financial statements, and communicate as required by the SAs, in accordance with the auditor’s findings.
For CA Inter & Final Classes, checkout EDU91
Get Affordable CA Inter & Final Classes with high value-added services.
Listen to more podcasts-