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Ministry of Justice

Russian Federation

On January 31, 2019 No. 53639

Appendix No. 37

to the Order of the Ministry of Finance of the Russian Federation of January 9, 2019 No. 2n

The international standard of audit 805 (reviewed) "Features of audit of separate reports of the financial reporting and separate elements, groups of Articles or financial statement line items"

The International Standard of Audit (ISA) 805 (reviewed) "Features of audit of separate reports of the financial reporting and separate elements, groups of Articles or financial statement line items" should be considered 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. The International Standards of Audit (ISA) with digital codes from the 100th to the 700th are applied to financial records audit and shall be appropriately adapted in case of their application for audit of other financial information of last periods. In this standard features of application of these MSA to audit of the separate report of the financial reporting or separate element, group of Articles or financial statement line items are considered. The separate report of the financial reporting or separate element, group of Articles or the financial statement line item can be prepared according to the concept of general or special purpose. In case of their preparation according to the concept of special purpose MCA 800 (reviewed) is also applied to audit <1> (see the Items A1 - A 4).

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<1> MCA 800 (reviewed) "The feature of financial records audit prepared according to the concept of special purpose".

2. This standard is not applied to the audit certificate of component provided by results of performance of works concerning financial information of component at the request of team of the auditor of group for the purposes of financial records audit of group (see MSA 600) <2>.

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<2> MCA 600 "Features of financial records audit of group (including work of auditors of component)".

3. This standard does not cancel requirements of other MSA, in it the purpose to consider all features which can be applicable under these or those circumstances of task performance is also not set.

The effective date

4. This standard is applied when carrying out audit of separate reports of the financial reporting or separate elements, groups of Articles or Articles for the periods which are coming to an end on December 15, 2016 or after this date. In case of audit of separate reports of the financial reporting or separate elements, groups of Articles or financial statement line items prepared for certain date, this standard is applied to audit of such information prepared for December 15, 2016 or later date.

Purpose

5. In case of application of International standards of audit to audit of the separate report of the financial reporting or separate element, group of Articles or financial statement line items the purpose of the auditor consists in properly to consider the features relating to the following questions:

(a) to acceptance of task;

(b) to planning and accomplishment of this task;

(c) to forming of opinion and creation of the conclusion concerning the separate report of the financial reporting or separate element, group of Articles or the financial statement line item.

Determinations

6. For the purposes of this standard the following terms have the stated below values:

(a) financial statement element (also element) - element, group of Articles or the financial statement item;

(b) International accounting standards - the International Financial Reporting Standards issued by Council for international accounting standards;

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