• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

audit report2

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › audit report2

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • November 11, 2014 at 5:46 pm #209166
    ASHOK
    Member
    • Topics: 64
    • Replies: 103
    • ☆☆

    I have 2 question on audit report and My question is

    1 If there is a problem in going concern and company is going to liquidate and prepared on break up basis
    and financial statement doesn’t contain disclosure regarding going concern problem
    what should the audit report be ?
    in opinion It should be the financial statement is properly prepared and it gives true and fair view

    2 If there is a problem in going concern and company is going to liquidate and prepared on break up basis
    and financial statement contain disclosure regarding going concern problem
    what should the audit report be ?
    in opinion It should be the financial statement is properly prepared and it gives true and fair view
    whether I am right or wrong please tell me,

    if it should be other than this then please tell me

    November 12, 2014 at 10:54 am #209286
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    1 qualify on the basis of failure to provide adequate disclosure

    2 unqualified opinion (so long as true and fair) but probably a modified report with an emphasis of matter bringing the readers’ attention to the full and transparent disclosure note

    Ok?

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • julio99 on Impairments – Impairment (CGU) – ACCA Financial Reporting (FR)
  • effy.sithole@gmail.com on EPS – diluted EPS Example – ACCA Financial Reporting (FR)
  • Ken Garrett on The Finance Function in the Digital Age – CIMA E1
  • DeborahProspect on ACCA SBR Specimen Exam 2 Question 1
  • darshan.69 on Chapter 9 Pension Schemes TX-UK FA2023

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in