Auditing P 3-33 The following is an auditor's report prepared in
accordance with International Standards on Auditing (ISAs) issued by the
International Auditing and Assurance Standards Board (IAASB):
Independent Auditor's Report
To the Shareholders of Les Meridian, Inc.
We have audited the accompanying financial statements of Les Meridian,
Inc,. which comprise the balance sheet as of December 31, 2009, and the
income statement, statement of changes in equity and cash flow statement
for the year then ended, and a summary significant accounting policies
and other explanatory notes.
AND SO ON
Required:
a. For each of the seven distinct parts of the standard unqualified
report prepared in accordance with generally accepted auditing standards
in the United States, describe whether key elements of each of those
seven parts are present in hte audit report based on International
Standards on Auditing for Les Meridian's financial statements.
b. Describe elements in the audit report based on International
Standards on Auditing that are more extensive than an audit report based
on US auditing standards.
Click here for the solution: The following is an auditor's report prepared in accordance with International Standards on Auditing (ISAs)
