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SINGAPORE STANDARD ON AUDITINGSSA 810 (Revised)Engagements to Report on Summary Financial Statements SSA 810, Engagements to Report on Summary Financial Statements was first issued in January 2010.
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To fill out a statement by auditors, follow these steps:
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Gather all relevant financial documents and records, such as balance sheets, income statements, and cash flow statements.
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Review the financial documentation and identify any potential risks or discrepancies that may need to be addressed in the statement.
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Use auditing software or templates provided by auditors to fill out the statement accurately and consistently.
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Provide supporting evidence and explanations for any financial figures or statements included in the document.
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Double-check all calculations and ensure that the statement is error-free and meets the requirements of the auditing standards.
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Submit the completed statement to the designated auditors or regulatory bodies as per their instructions.
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Maintain a copy of the statement for future reference and provide any additional information or clarification if requested by auditors.

Who needs statement by auditors?

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Statement by auditors is needed by various stakeholders, including:
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- Shareholders or investors: They rely on audited statements to make informed investment decisions and assess the financial health of a company.
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- Creditors or lenders: They require audited statements to evaluate the creditworthiness of a company before extending loans or credit.
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- Regulatory bodies: They use audited statements to ensure compliance with financial reporting standards and regulations.
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- Potential business partners or acquirers: They review audited statements to assess the financial stability and performance of a company before entering into business agreements.
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- Government agencies or tax authorities: They may request audited statements for tax assessment or regulatory purposes.
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- Internal management or board of directors: They use audited statements to monitor and evaluate the financial performance and effectiveness of internal controls within a company.
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Statement by auditors is a formal report issued by auditors that provides an opinion on the financial statements of a company.
Companies and organizations that are required to undergo an external audit are typically required to file a statement by auditors.
Statement by auditors is typically filled out by the auditors themselves based on their examination of the company's financial statements.
The purpose of statement by auditors is to provide assurance to stakeholders about the accuracy and reliability of the financial statements.
The statement by auditors typically includes the auditors' opinion on whether the financial statements present a true and fair view of the company's financial position.
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