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Murgc

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Murgc

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  • September 2, 2017 at 5:57 pm #405051
    kylerlu
    Member
    • Topics: 84
    • Replies: 117
    • ☆☆☆

    Hi Sir Mike,

    I was reading a thread here and when going concern matter is not adequately disclosed or not disclosed at all, then there is a modification of the report. Do we still put MURGC?

    Why would we need to put MURGC if it will be in Basis for qualified/adverse opinion paragraph anyway?

    Thanks!
    Kyle

    September 3, 2017 at 3:16 pm #405190
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Yes, we still need MURGC

    Why? Because the matter that is the subject of the modified opinion is the inadequate disclosure (or lack of disclosure)

    The qualified opinion is NOT about the going concern concerns

    OK?

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