## SA-700: Auditor's Report — Signature, UDIN, Date, Place & LRR
### Auditor's Responsibilities (Key Points)
1. Exercise professional judgment
2. Maintain professional skepticism
3. Identify and assess Risk of Material Misstatement (RMM)
4. Design audit procedures
5. Obtain Sufficient & Appropriate (S&A) evidence as basis for opinion
6. Understand internal controls for designing procedures
7. Evaluate appropriateness of accounting policies
8. Ensure reasonableness of accounting estimates
9. Conclude on going concern; determine if material uncertainty exists
10. Evaluate presentation, structure and content of financial statements
11. (SA-600) Address division of responsibility for component financial information audited by other auditors
### Communication with TCWG
Auditor communicates:
- Planned scope & timing of audit
- Significant audit findings
- Significant deficiency in Internal Control System
For listed entities additionally: Provide a statement to TCWG confirming:
- Auditor has complied with ethical requirements regarding independence
- All relationships bearing on independence have been communicated
### Signature of Auditor
| Element | Partnership/Firm | Proprietorship Firm |
|---|---|---|
| Name | Name of firm | Name of member |
| Registration | Firm registration number | — |
| Partner details | Name of partner + partner's signature (personal name AND firm name) | — |
| UDIN | 18-digit alphanumeric (mandatory) | 18-digit alphanumeric (mandatory) |
UDIN (Unique Document Identification Number):
- CAs with full-time Certificate of Practice can register on UDIN Portal
- Generated for every certificate attested/certified
- Must be mentioned with each audit report along with membership number
### Place
Specific location (ordinarily the city) where the report is signed.
### Date
Dated no earlier than the date on which the auditor has obtained sufficient and appropriate evidence on which the opinion is based.
### Report on Other Legal and Regulatory Requirements (LRR)
Auditor shall disclose other reporting responsibilities (beyond SA requirements) in a separate section headed "Report on Other Legal and Regulatory Requirements" — unless these responsibilities are similar to those required by SAs.
### Auditor's Report Prescribed by Law — 13 Required Elements
1. Title
2. Addressee
3. Opinion section
4. Identification of entity's financial statements audited
5. Statement of auditor's independence per ICAI ethical requirements
6. Section re SA-570 requirements
7. Basis for modified opinion (SA-705, if applicable)
8. Key Audit Matters section (SA-701, if applicable)
9. Management's responsibility for preparation of FS
10. Auditor's responsibilities for FS
11. Signature of auditor
12. Place of signature
13. Date of auditor's signature