108A Audit must be carried out in accordance with auditing and assurance standards

(1)

An auditor must, in carrying out an audit on the information contained in an annual report under section 107, comply with all applicable auditing and assurance standards.

(2)

The auditor’s report on the information contained in the annual report must comply with the requirements of all applicable auditing and assurance standards.

(3)

This section does not apply to a corporate society that is a public entity under the Public Audit Act 2001.

(4)

In this section, applicable auditing and assurance standard has the same meaning as in section 5 of the Financial Reporting Act 2013.

Section 108A: inserted, on 1 April 2014, by section 90 of the Financial Reporting (Amendments to Other Enactments) Act 2013 (2013 No 102).