Page 20 - Demo

جميع الحقوق محفوظة ـ اإلعتداء عىل حق املؤلف 20 بالنسخ أو الطباعة يعرض فاعله للمسائلة القانونية financial statementlimited scope in audit proceduresprohibiting the auditor ability to perform the audit procedures needed to perform anauditThe interpretationThe Financial statements fairly presented in all material aspectsExcept for \particular matter\Financial statementfairly presentedThe Financial statements aren’t fairly presented in all material aspectsThe auditor doesn’t express opinion on the financial position.2) Documenting of audit process:Also, the auditor has to document the whole auditing process starting from planning and accepting the client through the engagement letter, the procedures taken, the audit evidences gathered till his final conclusion and issuing the audit reportN.BAbsolute Assurance reasonable assurance Limited Assurance Auditor 100 % sure of his opinion Auditor is 55-95 % sure of his opinion Auditor is 20-30 % sure of his opinion If he audits 100% if the transactions and accounts of financial statements. If he audits enough amount if the transactions and accounts of financial statements If he audits little amount of transaction and balances In Continuous Audit In Traditional external audit In limited review audit