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June 2011 exam

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › June 2011 exam

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by Anuja Nair.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • October 20, 2017 at 3:35 am #412539
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    Hi sir, for june 2011 exam question 5(b)
    In the answer key, its stated that

    “Daffy and co would not be able to state in their audit report that they had relied on an expert for the property valuation”

    Why is this so ? Could you explain sir ?

    October 20, 2017 at 10:47 am #412571
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10607
    • ☆☆☆☆☆

    Auditors are not allowed to state in their report that they have relied on others’ work. That would be seen as trying to evade their respinsibility.

    October 20, 2017 at 1:42 pm #412610
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    Okay sir. Got it. Thank you.

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    Posts
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  • The topic ‘June 2011 exam’ is closed to new replies.

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