Immersing in audit

The standard is effective for audits of financial statements for periods beginning on or after December 15, 2009 . ISA 580 deals with the auditor’s responsibility to obtain written representations from management and those charged with governance in an audit of financial statements. Written representation is  a written statement by management provided to the auditor to confirm certain matters or to support other audit evidence .  https://www. iaasb.org /

  ISA 705 is effective for audits of financial statements for periods ending on or after December 15, 2016. This ISA determines the types of modification to the auditor’s opinion . ISA 705 also explains how the form and content of the auditor 's report change when the auditor expresses a modified opinion . https://www.iaasb.org/

  ISA 700 is effective for audits of financial statements for periods ending on or after December 15, 2016 ISA 700 deals with the auditor’s responsibility to form an opinion on the financial statements and the form and content of the auditor’s report issued as a result of an audit of financial statements. This ISA applies to an audit of a complete set of general purpose financial statements. ISA 700 gives the definition of unmodified audit opinion . https://www.iaasb.org/

ISA 701 is effective for audits of financial statements for periods ending on or after December 15, 2016. This ISA applies to audits of complete sets of general-purpose financial statements of listed entities and circumstances when the auditor decides to communicate key audit matters in the auditor’s report . This standard also applies when the auditor is required by law or regulation to communicate key audit matters in the auditor’s report. The standard deals with the auditor’s responsibility to communicate key audit matters in the auditor’s report. It is intended to consider both the auditor's judgment regarding what should be reported in the auditor's report and the form and content of such a report. https://www.iaasb.org/