Group Audits

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  • Is it possible that the examiner to request the computation of consolidated financial statements (including computation of goodwill, NCI, consolidation adjustments, etc)?


    Profile photo of MikeLittle
    MikeLittle
    Keymaster

    Hi

    No, Lisa will NOT ask a question involving the computation of figures from consolidation exercises. The only figures you’re likely to be faced with are in a question asking you to recommend an accounting treatment because a) the directors have got it wrong and b) it is material


    thank you very much for the answer.


    Profile photo of MikeLittle
    MikeLittle
    Keymaster

    welcome

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