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| ''Auditors' reports on financial statements & other matters.''
| | Fair Value Through the Statement of Profit or Loss. |
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| Auditors form, and report, an audit opinion about financial statements that they audit.
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| The auditors do not guarantee - nor certify - the amounts in the financial statements.
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| The incorrect belief that they do, is sometimes known as the audit "expectation gap".
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| Similarly incorrect - and excessive - expectations can also arise about other assurance work undertaken by external audit specialists.
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| == See also == | | == See also == |
| * [[Accounts]] | | *[[Fair value]] |
| * [[Assurance]] | | *[[FVTOCI]] |
| * [[Audit]] | | *[[Statement of profit or loss]] |
| * [[Audit opinion]]
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| * [[Audit report]]
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| *[[Audit trail]]
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| * [[Auditor]]
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| * [[Auditors’ report]]
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| * [[Certificate]]
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| * [[Company law]]
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| * [[Directors report]]
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| * [[Directors' responsibilities statement]]
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| * [[Financial reporting]]
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| * [[Financial statements]]
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| * [[Gap]]
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| * [[Qualified audit report]]
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| * [[Reporting entity]]
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| * [[Shareholders]]
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| * [[True and fair view]]
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| ==External link==
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| *[https://www.accaglobal.com/in/en/professional-insights/global-profession/expectation-gap.html Closing the expectation gap in audit - ACCA]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Financial_products_and_markets]]
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Revision as of 15:04, 23 April 2015
Fair Value Through the Statement of Profit or Loss.
See also
