QuestionsCategory: SA-210hello sir, with respect to sa 210, one of the pre condition for acceptability of audit is to check acceptability of financial reporting framework, my question is that how this condition is feasible since as per company’s act only directors have right to inspect books of accounts and that too personally and auditor got right to access books of accounts and financial statements after his appointment as an auditor, so how to full fill this condition regarding neutrality, reliability, undesirability,etc ?
Auditaudit Staff asked 9 years ago
1 Answers
Adminadmin answered 9 years ago

hello apporva to determine acceptability of FRF we have to go through framework not books of accounts.

we have to see principles in FRF which are important to us.