Reporting on a summary of audited financial statements, such as the financial highlights in an annual report.
To perform procedures and form an opinion on whether the summary financial statements are consistent with the audited financial statements from which they were derived.
SA 810 sits in the Reporting phase of the audit. The Standards on Auditing are issued by the ICAI Auditing and Assurance Standards Board (AASB) and deemed to be prescribed by the Central Government under Section 143(10) of the Companies Act 2013. Compliance with SAs is mandatory for every audit conducted by a Chartered Accountant in India.
For authoritative text, refer to the ICAI AASB Compendium of Standards on Auditing at icai.org.
Editable, letterhead-ready formats that put SA 810 into practice — built from the ICAI working-paper set, free to download.
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SA 810 — Engagements to Report on Summary Financial Statements — is a Standard on Auditing issued by the ICAI Auditing and Assurance Standards Board. Reporting on a summary of audited financial statements, such as the financial highlights in an annual report. To perform procedures and form an opinion on whether the summary financial statements are consistent with the audited financial statements from which they were derived.
Yes. Standards on Auditing are deemed to be prescribed under Section 143(10) of the Companies Act 2013, and ICAI members must comply with them in every audit of historical financial information. Non-compliance must be justified and can attract professional consequences in peer review, NFRA inspection, and disciplinary proceedings.
Documentation sufficient for an experienced auditor with no previous connection to the audit to understand what was done and why (SA 230). For SA 810 in the reporting phase, that means evidencing: Accept the engagement only if the criteria applied in the summary are acceptable and the auditor has audited the complete financial statements; Agree the terms of engagement, including the form of opinion and the criteria; Evaluate whether the summary financial statements adequately disclose their summarised nature and identify the audited statements.
