Modelos Informes Cpa

E2. Audit opinion and other issues - Applicable from 31 December 2006

Reporting examples - Index

Type of opinion Section
Unmodified opinion Section 2A
Unmodified opinion - Stand alone financial statements 2A.1
Unmodified opinion - Consolidated financial statements 2A.2
Unmodified opinion - Balance sheet only 2A.3
Qualified - departure from accounting principles Section 2B
Qualifiedopinion - Non-depreciation of fixed assets 2B.1
Qualified opinion – Non-disclosure of comparatives (IAS 1) 2B.2
Qualified opinion – Non-disclosure of segment information (IAS 14) 2B.3
Qualified opinion – Lack of related parties disclosures (IAS 24) 2B.4
Qualified opinion – Non disclosure of going concern (ISA 570) 2B.5
Qualified opinion- Scope limitation Section 2C
Qualified opinion –Inability to obtain evidence regarding a foreign affiliate (effect deemed to be material but not pervasive) 2C.1
Qualified opinion – Insufficient information on impairment of assets 2C.2
Qualified opinion – Appointment during (a) the period of audit and (b) prior audited period 2C.3
Disclaimer of opinion Section 2D
Disclaimer of opinion - Inadequate accounting records 2D.1
Disclaimer of opinion– Insufficient audit evidence on a single element of the financial statements 2D.2
Disclaimer of opinion – Insufficient audit evidence on multiple elements of the financial statements 2D.3
Adverse opinion Section 2E
Adverse opinion – Non-consolidation of a subsidiary 2E.1
Adverse opinion – Non-application of a specific standard (IAS 29), with significant and pervasive effect on theconsolidation of a subsidiary 2E.2
Adverse opinion - Financial statements prepared on a going concern basis when the basis is not appropriate 2E.3
Adverse opinion – Non-application of a specific standard (IAS 39), with significant and pervasive effect on the consolidation of a subsidiary 2E.4
Emphasis of matter Section 2F
Emphasis of matter - Going concern 2F.1
Emphasis of matter - Accounts drawn up onbreak-up basis 2F.2
Emphasis of matter - Economic uncertainty 2F.3
Emphasis of matter - Use of legend wording - local GAAP differs substantially from IFRS 2F.4
Other reports - Incoming auditor Section 2G
Incoming auditor – Previous report unmodified 2G.1
Incoming Auditor – Previous report modified 2G.2

2A - Unmodified opinion
2A.1 – Unmodified opinion - Stand alone financial statementsIndependent auditor’s report
To the Shareholders and Board of Directors of the ABC Company

Report on the Financial Statements1

We have audited the accompanying financial statements of ABC Company which comprise the balance sheet as of [31 December 200X] and the income statement, statement of changes in equity and cash flow statement for the year then ended and a summary of significantaccounting policies and other explanatory notes.

Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with [International Financial Reporting Standards] [or other identified national financial reporting framework] [and with the requirements of [Country X Corporation Act or otherapplicable national law]] . This responsibility includes: designing, implementing and maintaining internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with International Standards on Auditing. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance whether the financial statements are free from material misstatement....