ORDER OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF UZBEKISTAN

of January 27, 2003 No. 13

About approval of the National standard of auditor activities of the Republic of Uzbekistan (NSAD No. 80) "Report of the auditor by results of check of special question"

According to the Law of the Republic of Uzbekistan "About auditor activities", the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of September 22, 2000 "About enhancement of auditor activities and increase in role of audit inspections" and the Regulations on the Ministry of Finance of the Republic of Uzbekistan approved by the resolution of the President of the Republic of Uzbekistan of March 18, 2017 No. PP-2847, I order to No. 365:

1. Approve the enclosed National standard of auditor activities of the Republic of Uzbekistan (NSAD No. 80) "The report of the auditor by results of check of special question".

2. This order becomes effective after ten days from the moment of its state registration in the Ministry of Justice of the Republic of Uzbekistan.

Approved by the Order of the Ministry of Finance of the Republic of Uzbekistan of January 27, 2003, No. 13

National standard of auditor activities of the Republic of Uzbekistan (NSAD No. 80) "Report of the auditor by results of check of special question"

This National standard of auditor activities (NSAD No. 80) according to the Law of the Republic of Uzbekistan "About auditor activities" and the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of September 22, 2000 No. 365 "About enhancement of auditor activities and increase in role of audit inspections" determines normative auditing regulation in the Republic of Uzbekistan.

§ 1. General provisions

1. The purpose of the standard is determination of procedure for creation of the report of the auditor by results of check of special question.

2. Requirements of this standard are obligatory for all auditing organizations when checking special questions during audit inspections of financial information of business entities (further in the text - special question).

2-1. Auditing organizations when checking special questions according to the contract for rendering auditor services can apply international standards of audit.

§ 2. The report of the auditor by results of check of special question

3. The report of the auditor is constituted by results of audit inspection:

a) some accounts or Sections of the financial reporting (called further "components or separate indicators of the financial reporting") for the purpose of assessment of their reliability;

b) separate parts of economic system for the purpose of assessment of performance and efficiency;

c) observance of conditions of agreements;

d) compliance of separate parts (elements) of economic system of business entity to the legislation, and also the regulations and rules established by management of business entity;

e) separate accounts or Sections of consolidated financial statements;

e) other financial information.

4. The business entity whose financial information will be checked his owner, participants and shareholders controlling or the law enforcement agencies initiating conducting check of special question in this business entity can be the customer of check of special question.

5. Payment for work on conducting check of special question is made for customer account of the corresponding check.

§ 3. Contents of the report of the auditor by results of check of special question

6. The report of the auditor by results of check of special question shall include the following elements:

a) the name of the report (with indication of the checked question, for example, "The report of auditing organization by results of verification of the certificate of receivables and payables of the XXX company);

b) addressee;

c) prolog:

the name, the postal address and other details of auditing organization (number and date of issue of the license for implementation of auditor activities, certificate number about state registration of auditing organization, number of the settlement account, phones);

surname, name and middle name of the auditor (auditors) who was taking part in check and also the head of auditing organization;

the characteristic (description) of the special question subjected to audit inspection;

specifying on the fact that the business entity bears responsibility for reliability of information provided to auditing organization, and the auditing organization bears responsibility at own expense by results of check of special question;

d) analytical part:

the list of the procedures performed by the auditor during check of special question;

the reference to the standards applied when checking;

the revealed misstatements (concrete facts);

e) final part:

opinion of auditing organization on results of check of special question;

e) date of issue of the report of the auditor by results of check of special question;

g) signatures of the auditor (auditors) and head of auditing organization.

7. The report of the auditor by results of check of special question shall be signed page by page by the auditor (auditors) performing special question.

8. In case of need the auditor in the report shall make recommendations and offers on elimination of the shortcomings revealed during check, to reduction in compliance with established procedure, to enhancement and performance improvement and efficiency of object of check.

9. If the auditor cannot express unambiguous opinion on object of check, it needs to include additional part in which essential motives of this decision speak before final part. The motives stated in additional part are used by the auditor when forming opinion in final part.

10. The auditing organization needs to observe uniformity of report form of the auditor by results of check of special question.

§ 4. Responsibility for the report of the auditor by results of check of special question

11. The auditing organization bears responsibility according to the legislation for creation of obviously false or doubtful report on results of check of special question.

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