In explanatory paragraph, states the auditors’ belief that the audit provide a reasonable assurance basis for the opinion .True False g) In firm’s signature date includes electronic signature ,city ,the country and last day of field work. False .True
30. Below Auditors’ Report for Al-Hashaar Company :
Independent Auditor’s Report
To the Audit Committee of Al-Hashaar Company
We have audited the accompanying consolidated
Management's Responsibility for the
Management
Auditor's Responsibility
Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the Sultanate OF Oman. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the consolidated financial statements in order to design
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Al-Hashaar Company and its subsidiaries as of December 31, 2020 and 2019, and the results of their operations and their cash flows for the years then ended in accordance with accounting principles generally accepted in the Sultanate of Oman.
Crowe Oman Co. LLC
Muscat - Oman
March 5, 2021
State whether the following statements is True or False based on the elements of the Standard form of Auditors’ Report for Al-Hashaar Company
f) In explanatory paragraph, states the auditors’ belief that the audit provide a reasonable assurance basis for the opinion
.True False
g) In firm’s signature date includes electronic signature ,city ,the country and last day of field work.
False .True
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