Initial Engagements – Opening Balances

International Standard on Auditing (ISA) 510, “Initial Engagements – Opening Balances” should be read in the context of the “Preface to the International Standards on Quality Control, Auditing, Review, Other Assurance and Related Services,” which sets out the application and authority of ISAs.

  Balance, Engagement, Initial, Opening, Initial engagements opening balances