Where do we actually put going concern problems on the audit report?
I’ve read one topic here that said we put it under paragraph “Material Uncertainty Related to Going Concern”, given that this matter has been properly disclosed in financial statement.
But on AA opentuition notes, page 37, it says that we put it under paragraph “Emphasis of Matter”.
So, which paragraph do this going concern problems belong to?
MURGC is correct as it effectively “replaces” EoM in respect of going concern. But I believe this has been corrected in the notes. Amended notes with clarifications in respect of auditor’s reports and the audit opinion were uploaded in December.