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How an Auditor gives“reasonable assurance” in an auditreport?
Solution
Auditor should give a “trueand fair view”. He can give reasonable assurance by complyingwith
the Companies Act 1984 [Auditors report], ISA and IAPSstandards and following
generalprinciples;
Independence
Integrity
Objectivity
Professional competence anddue care
Confidentiality
Professionalbehavior
Technicalstandards

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  • 1. How an Auditor gives“reasonable assurance” in an auditreport? Solution Auditor should give a “trueand fair view”. He can give reasonable assurance by complyingwith the Companies Act 1984 [Auditors report], ISA and IAPSstandards and following generalprinciples; Independence Integrity Objectivity Professional competence anddue care Confidentiality Professionalbehavior Technicalstandards