The Auditing Practices Board (APB) has today published Bulletin 2009/2 entitled 'Auditor's Reports on Financial Statements in the United Kingdom'.
The purpose of this Bulletin is to provide illustrative examples of both unmodified and modified auditor's reports on financial statements of companies incorporated in the United Kingdom for years ending on or after 5 April 2009.
For UK companies issuing financial statements for periods commencing on or after 6 April 2008 and ending before 5 April 2009 guidance on the wording of auditor's reports is provided by Bulletin 2008/8 'Auditor's Reports for Short Accounting Periods in Compliance with the United Kingdom Companies Act 2006'.
This Bulletin supersedes Bulletin 2006/6.
The example auditor's reports included in the Bulletin take account of:
- the applicable requirements of the Companies Act 2006, which has superseded the Companies Act 1985 and the Companies (Northern Ireland) Order 1986; and
- the requirements of ISA (UK and Ireland) 700 (Revised) which was issued during March 2009 (see PN 106).