Appendix No. 8

to the Order of the Ministry of Finance of the Russian Federation of November 9, 2016 No. 207n

International standard of audit 580th "Written applications"

The International Standard of Audit (ISA) 580 it is necessary to consider "Written applications" together with MCA 200 "Main objectives of the independent auditor and carrying out audit according to International standards of audit".

Introduction

Scope of this standard

1. This International Standard of Audit (ISA) establishes the auditor's obligations concerning receipt of written applications from management and if it is pertinent, from persons who are responsible for corporate management during financial records audit.

2. Other MSA which contain requirements to written applications from the point of view of subject domain of the corresponding standard are given in Appendix 1. Special requirements of other MSA to written applications do not limit application of this standard.

Use of written applications as auditor proofs

3. Auditor proofs are the information used by the auditor when forming conclusions on which the opinion of the auditor is based <1>. Written applications are necessary information for the auditor in connection with financial records audit of the organization. Therefore, written applications, as well as replies to the requests, represent auditor proofs (see Item A 1).

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<1> MCA 500 "Auditor proofs", Item 5(c).

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