FAO Julia
Glynis
Registered Posts: 488 Dedicated contributor ๐ฆ
I am really struggling to understand when emphasis matter issues need to be included in the auditors report. I need some help on this if you don't mind.
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Hello Glynis. With all due respect, may I ask that you avoid where possible making threads for my specific attention please? There are instances where I am away from the discussion boards for long periods of time and therefore may miss your thread.
However in answer to your query, emphasis of matter paragraphs are a type of modification to the auditors report. They are used to highlight an issue in the financial statements for example a going concern issue.
Your study material should cover these issues quite comprehensively so if you are struggling to understand them the best advice I can give is to go back to basics and revise them.
Julia.0 -
Thank you Julia. I am finding this paper horrendous to study for. It's definately worse than AAT audit paper. I will enrol for a BPP question day if the price is ok.0
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The exam is soon isn't it? Rather you than me, audit isn't my strong point! Much prefer tax! Tax doesn't have to be taxing..... not heard that in a while.0
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The exam is soon isn't it? Rather you than me, audit isn't my strong point! Much prefer tax! Tax doesn't have to be taxing..... not heard that in a while.
groans...
I agree though, I prefer the more numerical subjects. Each bit of the answer is either right or wrong with, whereas with more written subjects theres so much interpretation and personal judgement. And especially with audit, seems to have a language all of its own.0
