Significant Financial Statement Critical Area Components Y/N Y Cash & Bank Y Revenues/Receipts Y Purchase Costs/Payments Y Employee Related Expenses/Payments Y Operating Expenses/Payments Y GP/Pension fund accont Y Development Expenditure/civil work Stores Y AUDITOR-GENERAL OF PAKISTAN PERMANENT FILE Form PF- X Understanding of Entity’s Business Significant Accounting Policies – Name of Entity/Organisation: EDO Health Sukkur The auditor should list significant accounting policies and changes thereto, applied by the entity. Significant policies may include: Staff retirement benefits pension & provident fund – Pension rules, G.P. Fund Rules, Benevolent Fund Rules Servants Assistance package etc. Revenue recognition When received i.e. on cash basis against following heads: Machinery and equipment hire charges Other miscellaneous income
Significant Financial Statement Components Critical Area Y/N Cash & Bank Revenues/Receipts Purchase Costs/Payments Employee Related Expenses/Payments Operating Expenses/Payments GP/Pension fund accont Development Expenditure/civil work Stores Y Y Y Y Y Y Y Y AUDITOR-GENERAL OF PAKISTAN PERMANENT FILE Form PF- X Understanding of Entity’s Business – Significant Accounting Policies Name of Entity/Organisation: EDO Health Sukkur The auditor should list significant accounting policies and changes thereto, applied by the entity. Significant policies may include: Staff retirement benefits – pension & provident fund Pension rules, G.P. Fund Rules, Benevolent Fund Rules Servants Assistance package etc. Revenue recognition When received i.e. on cash basis against following heads: Machinery and equipment hire charges Other miscellaneous income