Gold Opportunities Fund is in the business of Mutual fund and has prepared the financial statements for the F.Y. ended on 31st March 2025. These…

Engagements to Report on Summary Financial Statements: As per SA 810, "Engagements to Report on Summary Financial Statements”, nature of procedures to be performed by auditor M/s SH & Co. to provide opinion on the abridged financial statements are given below: Evaluate whether the summary financial statements adequately disclose their summarised nature and identify the audited financial statements. When summary financial statements are not accompanied by the audited financial statements, evaluate whether they describe clearly: (i) From whom or where the audited financial statements are available; or (ii) The law or regulation that specifies that the audited financial statements need not be made available to the intended users of the summary financial statements and establishes the criteria for the preparation of the summary financial statements. Evaluate whether the summary financial statements adequately disclose the applied criteria. Compare the summary financial statements with the related information in the audited financial statements to determine whether the summary financial statements agree with or can be re-calculated from the related information in the audited financial statements. Evaluate whether the summary financial statements are prepared in accordance with the applied criteria. Evaluate, in view of the purpose of the summary financial statements, whether the summary financial statements contain the information necessary, and are at an appropriate level of aggregation, so as not to be misleading in the circumstances. Evaluate whether the audited financial statements are available to the intended users of the summary financial statements without undue difficulty, unless law or regulation provides that they need not be made available and establishes the criteria for the preparation of the summary financial statements as discussed already.