Financial Statements Based On The Audit For K & S Corporation Group

1452 Words Oct 1st, 2016 6 Pages
The responsibility of this report is to show an opinion on these financial statements based on the audit for K&S Corporation Group. The audit report complied with the standards issued by the Auditing and Assurance Standards Board (AUASB). The standards comply with ethical requirements in order to plan and make a conclusion for assurance.
The principles and accounts finding are contained in auditing report for the 2015 financial report of K&S Corporation Group, together with the assessment of accounts and materiality. What issued by the Auditing and Assurance Standards Board (AUASB) require the auditor to accomplish an audit of the company’s financial statements and financial transactions, which make sure that the auditor gives a fair and reasonable suggestion. According to the requirements of the Auditing and Assurance Standards Board (AUASB), the aim of the audit was to list an opinion on whether the financial statements and revenue and expenses present fairly in the 2015 financial report.
In addition, the Auditing and Assurance Standards Board (AUASB) also provides the guidance for the conduct of performance audits. Regarding the 2015 financial report of K&S Corporation Group, the audit of this report is restricted to reviewing the presentation of the disclosures provided by management in the financial statements. A general review was contained in the audit examination, and simple comparison in analytical procedure of the accounting records and other supporting evidence…
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