ISA 700 Explained: Forming an opinion and reporting on financial statements

How do you know you can trust a company's numbers? 00:00 Introduction 01:03 The all 5 steps in one frame 01:25 The why question (why does this report exist?) 02:06 Anatomy of the report (a tour of the sections) 02:25 Key sections 03:00 The auditor's verdict (what are you looking for?) 03:30 Unmodified opinion 03:50 Unmodified opinion vs modified opinion 04:16 Material misstatement 04:33 Who does what? (clarifying the roles) 04:44 Management's role vs Auditor's role 05:12 Reasonable assurance 05:32 Why it matters (the big picture takeaway) 05:46 This report is your single best tool 06:24 Now that you know the secret, what will you look for first? Content for professionals of tomorrow by the professionals of today. Areas: Accounting and Corporate Financial Reporting Auditing, Assurance and Related Services Sustainability Reporting and Assurance Technology, Data and Risk Advisory