Review of the financial statements

The goal of review of financial statements is to enable the auditor to give an opinion based on procedures that do not support all evidence which would be gained during audit, whether anything was noticed that would allow the auditor to state that financial reports in all significant aspects are not prepared according to set requirements for preparation of financial statements.

The following procedures are used during review: 

• questionnaires;
• analytical procedures;
• audit skills and methods;
• selection of data.