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SA 810 summary financial statements

Auditing

can any one clarify In Management Responsibility, 3rd Point is it Audit report of Summary Financials or audit report on complete set of financials to be included with summary financial statements

M V Naresh

CA Final

★ 3K+

01-Mar-24 12:46

Answers (3)

As per SA 210

Kumar G

CA Final

★ 12K+

01-Mar-24 16:54

When Summary financial statements are presented along with Complete set, managements responsibility is to also attach audit report on Summary FS in addition to audit report o financial statements. Presently both financial statements and giving only audit report of complete set of financial statements could be misleading to the stakeholders.