RESOLUTION OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF BELARUS

of January 16, 2024 No. 4

About establishment of forms of audit opinions

Based on the paragraph of the seventh of part one of Item 5 of article 5 of the Law of the Republic of Belarus of July 12, 2013 No. 56-Z "About auditor activities", Item 10 of the Regulations on the Ministry of Finance of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of October 31, 2001 No. 1585, the Ministry of Finance of the Republic of Belarus DECIDES:

1. Establish forms of audit opinions according to special audit engagements on:

audit of observance of the requirement of the legislation on implementation by the builder (customer) of construction of premises with attraction of money of physical persons with size of profit no more than 5 percent from the estimated cost of premises determined in current prices in the apartment, blocked apartment house, the single-family apartment house according to appendices 1-4;

audit of observance of the requirement of the legislation on implementation by the builder (customer) of construction of premises with attraction of money of physical persons with use of the state support with size of profit no more than 5 percent from actual cost of premises in the apartment, blocked apartment house, the single-family apartment house according to appendices 5-8;

audit of target use of the means of shareholders attracted on construction of facilities of shared-equity construction of construction object according to appendices 9-12;

confirmation of calculation of coefficient of security of obligations according to appendices 13-16;

confirmation of the standard rate of profitability according to appendices 17-20.

2. This resolution becomes effective after its official publication.

 

Appendix 1

to the Resolution of the Ministry of Finance of the Republic of Belarus of January 16, 2024 No. 4

Form

Audit opinion (according to the special audit engagement on audit of observance of the requirement of the legislation on implementation by the builder (customer) of construction of premises with attraction of money of physical persons with size of profit no more than 5 percent from the estimated cost of premises determined in current prices in the apartment, blocked apartment house, the single-family apartment house)

Auditor opinion

My1 booked audit according to the special audit engagement (further – audit) the financial information enclosed according to appendix to audit opinion (the name of the audited face, the location, date of state registration, registration number in the Single state register of legal entities and individual entrepreneurs) consisting of the data containing in the List of agreements of creation of object of shared-equity construction according to which (the name of the audited face) the construction of premises (the name and the address of construction object) with attraction of money of physical persons was performed (further – the enclosed financial information).

______________________________

1 In case audit is booked by the auditor performing activities as the individual entrepreneur (further – the auditor – the individual entrepreneur), personally, is used pronoun by "me". Further in the text of audit opinion in case audit is booked by the auditor – the individual entrepreneur personally, pronouns "I" in instrumental case (if it is not applicable, in the Nominative case), "mine", "mine" in the corresponding case, and also other parts of speech (where it is necessary) consistent with the used pronoun are used.

In our opinion, according to the enclosed financial information (the name of the audited face) in all essential aspects the requirement of subitem 1.2 of Item 1 of the Presidential decree of the Republic of Belarus of July 2, 2020 No. 247 "About construction of premises" about implementation of construction of premises (the name and the address of construction object) (further, unless otherwise specified, – construction object) with attraction of money of physical persons with size of profit of the builder no more than 5 percent from the estimated cost determined in current prices separately each such premises created according to the legislation on end date of construction (date) is observed.

Basis for expression of auditor opinion

We booked audit according to requirements of the Law of the Republic of Belarus of July 12, 2013 No. 56-Z "About auditor activities" and national rules of auditor activities. Our obligations according to these requirements are described in the Section "Obligations Auditor organizatsii2 in connection with Accomplishment of the Special Audit Engagement" of audit opinion. We are independent in relation to (the name of the audited face) according to requirements of the Law of the Republic of Belarus "About auditor activities", national rules of auditor activities and the Code of ethics of professional accountants accepted by the International federation of accountants and us the other principles of professional ethics according to these requirements were observed. We believe that the auditor evidence obtained by us is sufficient and proper to form the basis for expression of auditor opinion.

______________________________

2 In case audit is booked by the auditor – the individual entrepreneur, in the text of audit opinion instead of words "auditing organization" in the corresponding case the words "the auditor-the individual entrepreneur" in the corresponding case are used.

Important circumstances

The audit opinion is intended only for the parties determined by the legislation establishing requirements for carrying out this audit and shall not extend and be used in any other purposes, except those which are established by the legislation.

Other voprosy3

______________________________

3 If necessary the Section "Other Questions" of audit opinion joins in audit opinion according to the requirements established by the national rules of auditor activities "Audit opinion according to the accounting and (or) financial reporting" approved by the resolution of the Ministry of Finance of the Republic of Belarus of June 28, 2017 No. 18.

Obligations of the audited face on preparation of financial information

The management (the name of the audited face) bears responsibility for preparation and fair presentation of the enclosed financial information, and also fair presentation of other information during audit on the questions described in the Section "Obligations of Auditing Organization in connection with Accomplishment of the Special Audit Engagement" of audit opinion.

The management (the name of the audited face) bears responsibility for observance of the requirement of subitem 1.2 of Item 1 of the Presidential decree of the Republic of Belarus of July 2, 2020 No. 247 about implementation of construction of premises of construction object with attraction of money of physical persons with size of profit of the builder no more than 5 percent from the estimated cost determined in current prices separately each such premises created according to the legislation on end date of construction (date).

Obligations of auditing organization in connection with accomplishment of the special audit engagement

Our purpose consists in obtaining by results of audit of the enclosed financial information of reasonable confidence that (the name of the audited face) the requirement of subitem 1.2 of Item 1 of the Presidential decree of the Republic of Belarus of July 2, 2020 No. 247 about implementation of construction of premises of construction object with attraction of money of physical persons with size of profit of the builder no more than 5 percent from the estimated cost determined in current prices separately each such premises created according to the legislation on end date of construction (date) and in creation of the audit opinion containing our auditor opinion expressed in the established form is observed. Reasonable confidence represents high degree of confidence, but is not guarantee that the audit booked according to the Law of the Republic of Belarus "About auditor activities" and national rules of auditor activities, allows to reveal all available essential misstatements. Misstatements can result from mistakes and (or) unfair actions and are considered essential if it is possible to assume reasonably that separately or in total they can influence the economic decisions of users of the enclosed financial information accepted on its basis.

During audit we performed the audit procedures directed to receipt of auditor proofs of observance (the name of the audited face) of the requirement of subitem 1.2 of Item 1 of the Presidential decree of the Republic of Belarus of July 2, 2020 to No. 247 about implementation of construction of premises of construction object with attraction of money of physical persons with size of profit of the builder no more than 5 percent from the estimated cost determined in current prices separately each such premises created according to the legislation on end date of construction (date) including we performed the audit procedures directed to receipt of auditor proofs concerning the following questions:

1) availability at (the name of the audited face) documents of title, including:

the documents certifying the right to the parcel of land necessary for ensuring construction;

the documents confirming publication of the project declaration;

the agreements registered in accordance with the established procedure by local executive and administrative organs;

the project documentation which passed state examination according to the procedure and the cases established by the legislation;

the allowing documentation on asset construction of construction issued by local executive and administrative organs;

construction contracts (if the construction is not conducted by the audited face by own forces);

notices on receipt of the notification on production of installation and construction works and registration of construction object by bodies of the state construction supervision (except for construction objects on which the state construction supervision is not exercised);

2) compliance to the enclosed financial information to the documents (the name of the audited face) submitted during audit.

Within the audit booked according to requirements of the Law of the Republic of Belarus "About auditor activities" and national rules of auditor activities we apply professional judgment and we keep professional scepticism throughout all audit. Besides, we carry out the following:

we reveal and estimate risks of essential misstatement of the enclosed financial information owing to mistakes and (or) unfair actions; we develop and perform audit procedures according to the estimated risks; we obtain the auditor evidence which is sufficient and proper to form the basis for expression of our auditor opinion. The risk of nondetection of essential misstatements of the enclosed financial information as a result of unfair actions is higher than risk of nondetection of essential misstatements as a result of mistakes as unfair actions, as a rule, imply availability of specially developed measures directed to their concealment;

we receive understanding of the internal control system (the name of the audited face) important for audit for the purpose of planning of the audit procedures corresponding to circumstances of audit, but not for the purpose of expression of our auditor opinion concerning efficiency of functioning of internal control system (the name of the audited face);

whether we estimate the enclosed financial information provides fair presentation about the data which are its cornerstone.

We perform information exchange with persons, given the leading authority, bringing to their attention, in addition, information on the planned amounts and terms of audit, and also on the significant questions which arose during audit including of considerable shortcomings of internal control system which we reveal during audit.

We provide to persons given the leading authority the statement that we fulfilled all requirements for respect for the principle of independence and information on all relations and other questions which can be considered reasonably threats of violation of the principle of independence, and if it is necessary, about all the taken precautionary measures was brought to the attention of these faces.

We bear responsibility for our auditor opinion expressed in the established form concerning observance (the name of the audited face) of the requirement of subitem 1.2 of Item 1 of the Presidential decree of the Republic of Belarus of July 2, 2020 No. 247 about implementation of construction of premises of construction object with attraction of money of physical persons with size of profit of the builder no more than 5 percent from the estimated cost determined in current prices separately each such premises created according to the legislation on end date of construction (date).

Signatures
Information on auditing organization
Signature date auditor zaklyucheniya4

______________________________

4 Elements of audit opinion (signatures, information on auditing organization (the auditor – the individual entrepreneur), signature date of audit opinion) join in audit opinion according to the requirements established by national rules of auditor activities "Audit opinion according to the accounting and (or) financial reporting".

Appendix

to the Audit opinion

The list of agreements of creation of object of shared-equity construction according to which (the name of the audited face) the construction of premises (the name and the address of construction object) with attraction of money of physical persons was performed

as of end date of construction (date)

№ payment order	Date and agreement number of creation of object of shared-equity construction	Agreement price (price of object of shared-equity construction), it is white. rub.	The amount of actually listed money physical person to the audited face (the name of the audited face), it is white. rub.	The estimated cost of premises in current prices created according to the legislation on end date of construction it is white. rub.	Profit of the builder (the name of the audited face), it is white. rub.	Percent of profit of the builder on the estimated cost of premises determined in current prices created according to the legislation on end date of construction, %	Cash amount, subject to return to the physical person, it is white. rub.
1	2	3	4	5	6	7	8

The head (the name of the audited face)
_______________________________	_________________	__________________________
(employee's position)	(signature)	(initials, surname)

Date of creation __________________

                                      (date)

 

Appendix 2

to the Resolution of the Ministry of Finance of the Republic of Belarus of January 16, 2024 No. 4

Form

Audit opinion (according to the special audit engagement on audit of observance of the requirement of the legislation on implementation by the builder (customer) of construction of premises with attraction of money of physical persons with size of profit no more than 5 percent from the estimated cost of premises determined in current prices in the apartment, blocked apartment house, the single-family apartment house)

Auditor opinion with clause

My1 booked audit according to the special audit engagement (further – audit) the financial information enclosed according to appendix 1 to audit opinion (the name of the audited face, the location, date of state registration, registration number in the Single state register of legal entities and individual entrepreneurs) consisting of the data containing in the List of agreements of creation of object of shared-equity construction according to which (the name of the audited face) the construction of premises (the name and the address of construction object) with attraction of money of physical persons was performed (further – the enclosed financial information).

______________________________

1 In case audit is booked by the auditor performing activities as the individual entrepreneur (further – the auditor – the individual entrepreneur), personally, is used pronoun by "me". Further in the text of audit opinion in case audit is booked by the auditor – the individual entrepreneur personally, pronouns "I" in instrumental case (if it is not applicable, in the Nominative case), "mine", "mine" in the corresponding case, and also other parts of speech (where it is necessary) consistent with the used pronoun are used.

In our opinion, according to the enclosed financial information, except for influences of the questions described in the Section "The Basis for Expression of Auditor Opinion with Clause" of audit opinion (the name of the audited face) in all essential aspects the requirement of subitem 1.2 of Item 1 of the Presidential decree of the Republic of Belarus of July 2, 2020 No. 247 "About construction of premises" about implementation of construction of premises (the name and the address of construction object) (further, unless otherwise specified, – construction object) with attraction of money of physical persons with size of profit of the builder no more than 5 percent from the estimated cost determined in current prices separately each such premises created according to the legislation on end date of construction (date) is observed.

The basis for expression of auditor opinion with clause

In appendix 2 to audit opinion the List of agreements of creation of object of shared-equity construction according to which (the name of the audited face) the construction of premises (the name and the address of construction object) with attraction of money of physical persons was performed and concerning which by results of audit of the enclosed financial information it is revealed that in connection with exceeding of the size of the profit of the builder of 5 percent included in the price of these premises from the estimated cost determined in current prices separately each such premises created according to the legislation on end date of construction (date), money is subject to return to physical persons is provided.

(The description of other bases for expression of auditor opinion with clause which did not find reflection in appendix 2 to audit opinion (in the presence).

We booked audit according to requirements of the Law of the Republic of Belarus of July 12, 2013 No. 56-Z "About auditor activities" and national rules of auditor activities. Our obligations according to these requirements are described in the Section "Obligations Auditor organizatsii2 in connection with Accomplishment of the Special Audit Engagement" of audit opinion. We are independent in relation to (the name of the audited face) according to requirements of the Law of the Republic of Belarus "About auditor activities", national rules of auditor activities and the Code of ethics of professional accountants accepted by the International federation of accountants and us the other principles of professional ethics according to these requirements were observed. We believe that the auditor evidence obtained by us is sufficient and proper to form the basis for expression of auditor opinion with clause.

______________________________

2 In case audit is booked by the auditor – the individual entrepreneur, in the text of audit opinion instead of words "auditing organization" in the corresponding case the words "the auditor-the individual entrepreneur" in the corresponding case are used.

Important circumstances

The audit opinion is intended only for the parties determined by the legislation establishing requirements for carrying out this audit and shall not extend and be used in any other purposes, except those which are established by the legislation.

Other voprosy3

______________________________

3 If necessary the Section "Other Questions" of audit opinion joins in audit opinion according to the requirements established by the national rules of auditor activities "Audit opinion according to the accounting and (or) financial reporting" approved by the resolution of the Ministry of Finance of the Republic of Belarus of June 28, 2017 No. 18.

Obligations of the audited face on preparation of financial information

The management (the name of the audited face) bears responsibility for preparation and fair presentation of the enclosed financial information, and also fair presentation of other information during audit on the questions described in the Section "Obligations of Auditing Organization in connection with Accomplishment of the Special Audit Engagement" of audit opinion.

The management (the name of the audited face) bears responsibility for observance of the requirement of subitem 1.2 of Item 1 of the Presidential decree of the Republic of Belarus of July 2, 2020 No. 247 about implementation of construction of premises of construction object with attraction of money of physical persons with size of profit of the builder no more than 5 percent from the estimated cost determined in current prices separately each such premises created according to the legislation on end date of construction (date).

Obligations of auditing organization in connection with accomplishment of the special audit engagement

Our purpose consists in obtaining by results of audit of the enclosed financial information of reasonable confidence that (the name of the audited face) the requirement of subitem 1.2 of Item 1 of the Presidential decree of the Republic of Belarus of July 2, 2020 No. 247 about implementation of construction of premises of construction object with attraction of money of physical persons with size of profit of the builder no more than 5 percent from the estimated cost determined in current prices separately each such premises created according to the legislation on end date of construction (date) and in creation of the audit opinion containing our auditor opinion expressed in the established form is observed. Reasonable confidence represents high degree of confidence, but is not guarantee that the audit booked according to the Law of the Republic of Belarus "About auditor activities" and national rules of auditor activities, allows to reveal all available essential misstatements. Misstatements can result from mistakes and (or) unfair actions and are considered essential if it is possible to assume reasonably that separately or in total they can influence the economic decisions of users of the enclosed financial information accepted on its basis.

During audit we performed the audit procedures directed to receipt of auditor proofs of observance (the name of the audited face) of the requirement of subitem 1.2 of Item 1 of the Presidential decree of the Republic of Belarus of July 2, 2020 to No. 247 about implementation of construction of premises of construction object with attraction of money of physical persons with size of profit of the builder no more than 5 percent from the estimated cost determined in current prices separately each such premises created according to the legislation on end date of construction (date) including we performed the audit procedures directed to receipt of auditor proofs concerning the following questions:

1) availability at (the name of the audited face) documents of title, including:

the documents certifying the right to the parcel of land necessary for ensuring construction;

the documents confirming publication of the project declaration;

the agreements registered in accordance with the established procedure by local executive and administrative organs;

the project documentation which passed state examination according to the procedure and the cases established by the legislation;

the allowing documentation on asset construction of construction issued by local executive and administrative organs;

construction contracts (if the construction is not conducted by the audited face by own forces);

notices on receipt of the notification on production of installation and construction works and registration of construction object by bodies of the state construction supervision (except for construction objects on which the state construction supervision is not exercised);

2) compliance to the enclosed financial information to the documents (the name of the audited face) submitted during audit.

Within the audit booked according to requirements of the Law of the Republic of Belarus "About auditor activities" and national rules of auditor activities we apply professional judgment and we keep professional scepticism throughout all audit. Besides, we carry out the following:

we reveal and estimate risks of essential misstatement of the enclosed financial information owing to mistakes and (or) unfair actions; we develop and perform audit procedures according to the estimated risks; we obtain the auditor evidence which is sufficient and proper to form the basis for expression of our auditor opinion. The risk of nondetection of essential misstatements of the enclosed financial information as a result of unfair actions is higher than risk of nondetection of essential misstatements as a result of mistakes as unfair actions, as a rule, imply availability of specially developed measures directed to their concealment;

we receive understanding of the internal control system (the name of the audited face) important for audit for the purpose of planning of the audit procedures corresponding to circumstances of audit, but not for the purpose of expression of our auditor opinion concerning efficiency of functioning of internal control system (the name of the audited face);

whether we estimate the enclosed financial information provides fair presentation about the data which are its cornerstone.

We perform information exchange with persons, given the leading authority, bringing to their attention, in addition, information on the planned amounts and terms of audit, and also on the significant questions which arose during audit including of considerable shortcomings of internal control system which we reveal during audit.

We provide to persons given the leading authority the statement that we fulfilled all requirements for respect for the principle of independence and information on all relations and other questions which can be considered reasonably threats of violation of the principle of independence, and if it is necessary, about all the taken precautionary measures was brought to the attention of these faces.

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