Single format · FV03-C22

Other Matter paragraph, corresponding figures audited by a predecessor

On a first-year audit you are responsible for the current year's opinion, and the current year's profit is built on last year's closing balances, so you must obtain evidence about opening balances you did not audit, and where you cannot, the qualification usually attaches to the profit and loss and not to the balance sheet.

Length
2 pages
Blanks to fill
22
Files
Word and PDF
Law stated to
13 September 2026

What it covers

  1. 1Other Matter paragraph, corresponding figures audited by a predecessorSA 710 para 1322 blanks

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The first part of the format, as it downloads. Blanks are highlighted.

Variant 1 — predecessor issued an unmodified opinion

Other Matter

The financial statements of the Company for the year ended 31 March [prior year], being the corresponding figures included in the accompanying financial statements, were audited by another firm of chartered accountants, [Predecessor firm name] (FRN [Predecessor auditor firm's registration number (FRN)]), who expressed an unmodified opinion on those financial statements vide their report dated [Date of predecessor's report].

14 more paragraphs and tables follow in the full format.

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