ISA 805. Special considerations-audits of single statement or an element account or specific item of a financial statement

Abstract

ISA 805, approved by Resolution of the ICAC of March 20, 2014, deals with special considerations-for implementation of ISA to the audit of a single financial statement or of an element, account or item of specific a financial statement, which do not satisfy the conditions in article 2.2 of the regulatory text to achieve considering an audit of accounts in the form referred to «Audit of financial statements or other accounting documents». The aim in applying this ISA is adequately address issues regarding the acceptance of the assignment, planning and execution and the formation of an opinion and report on the audited financial statement.