This International Standard on Auditing (ISA) deals with the auditor’s responsibility to evaluate the effect of identified misstatements on the audit and of uncorrected misstatements, if any, on the financial statements.

This article describes and discusses the requirements of ISA 450, Evaluation of Misstatements Identified during the Audit and provides some examples of the application of the ISA in the context of the Advanced Audit and Assurance exam.

Download - International Standard on Auditing (ISAs) International Standard on Auditing 450 . Description. Evaluation of misstatements identified during the audit: Date : Download. PDF file. 59 KB, 12 pages . View other downloads for this section | Return to Download Home

2018年1月1日 · ISA (UK) 450 (Revised June 2016) (Updated July 2017) Publication date: 1 January 2018 Effective from: 17 June 2016 Type: Standard: Format: PDF, 260.3 KB

ISA 450 (Redrafted) – Introduction. 1. Scope of this ISA; 2. Effective Date; ISA 450 – Objective; ISA 450 – Definitions. 1. Misstatement; 2. Uncorrected Misstatements; ISA 450 – Requirements. 1. Accumulation of Identified Misstatements; 2. Consideration of Identified Misstatements as the Audit Progresses; 3. Communication and Correction ...

This International Standard on Auditing (ISA) deals with the auditor’s responsibility to evaluate the effect of identified misstatements on the audit and of uncorrected misstatements, if any, on the financial statements.

International Standard on Auditing (Ireland) 450 deals with the auditor’s responsibility to evaluate the effect of identified misstatements on the audit and of uncorrected misstatements, if any, on the financial statements.

ISA 450 requires the auditor to evaluate the effect of identified misstatements on the audit and also to evaluate the effect of any uncorrected misstatements when forming an opinion on the financial statements.

ISA 450 (Clarified) deals with the auditor’s responsibility to evaluate the effect of identified misstatements on the audit and of uncorrected misstatements, if any, on the financial statements.

When the auditor expresses an opinion on whether the financial statements are presented fairly, in all material respects, or give a true and fair view, misstatements also include those adjustments of amounts, classifications, presentation, or disclosures that, in the auditor’s judgment, are necessary for the financial statements to be presented ...