i. Where the company is empowered by the Articles of Association to pay interim dividends, in which case the auditor will ascertain the company‘s interim performance for this purpose.
ii. Where it is a law requirement for a company to publish interim performance
iii. Where an organization is operating in a volatile market and the owners wish to keep track of the interim performance.
iv. Where there is need to test the adequacy and compliance of the system of internal control.