THE IMPACT OF IAPS 1010 'THE CONSIDERATION OF ENVIRONMENTAL MATTERS IN THE AUDIT OF FINANCIAL STATEMENTS' ON THE AUDITOR REPORT ON FINANCIAL STATEMENTS

摘要

The paper presents the needs of auditor to establish an adequate way to prepare the Auditor Report on Financial Statements according to International Auditing Practice Statement IAPS 1010 'The consideration of environmental matters in the audit of financial statements'. After the presentation of the general frame of reference of the theme in specialty literature and in the specific national and international legislation, the paper approaches the manner to develop the Auditor Report on Financial Statements using the findings of environmental matters. We underline the professional judgment of an auditor when forming an opinion about the financial statements. Our personal contributions refer to the professional judgment of the auditor that interprets any other information to be included with the financial statements in order to identify any material inconsistencies regarding environmental matters. Management assessment of uncertainties and the extent of their disclosure in the financial statements are key issues in determining the impact on the auditor report. The auditor may conclude that there are significant uncertainties, or inappropriate disclosures, due to environmental matters. There may even be circumstances when, in the auditor judgment, the going concern assumption is no longer appropriate.