Considerations Regarding the Analysis of environmental Aspects in the Auditing of Financial Statements

Author:University Professor, PhD. Marioara AVRAM

JEL:

DOI:

Keywords:audit, environmental aspects, annual financial statements, procedures of control

Abstract:
The International Federation of Accountants (IFAC) in its concern of continuous developing and improvement of Audit International Standards has given a major importance to the environmental aspects establishing norms so the auditor can obtain information concerning the client’s activity from the point of view of environmental aspects and can use some basic procedures for the identification of significant misrepresentations due to environmental aspects that can appear in an entity’s financial statements.\r\n\r\nThe auditor’s level of knowledgement regarding the environmental aspects must be good enough in order to give him the possibility to identify and understand aspects that have significant effect upon the financial statements, the audit process and audit report.\r\n\r\nThe financial auditor analyses when he expresses his opinion upon the financial statements in the audit report if the effects of environmental problems are treated in concordance or presented in conformity with the applicable frame of financial reporting.\r\n

---