• 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 >>

Basis for modified opinion or Material uncertainty related to going concern

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Basis for modified opinion or Material uncertainty related to going concern

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by Kim Smith.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • August 27, 2019 at 8:03 pm #539046
    rnsadykova
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Hi,
    I have incountered one question in AA Chapter 6 questions, where right answer was “Qualified opinion with “Material uncertainty related to going concern” section.
    But from lecture notes I have learnt that when we modify opinion due to going concern issues then we do not use “Material uncertainty related to going concern” section, we use Basis for modified opinion.
    In the case client use right basis of preparation but has inadequate disclosure of material uncertainty.
    Could you please resolve my contracdiction?
    What section will be correct to use?

    Thank you in advance.
    Kind regards,
    Rufina.

    August 28, 2019 at 7:29 am #543428
    Kim Smith
    Keymaster
    • Topics: 135
    • Replies: 8327
    • ☆☆☆☆☆

    The notes are correct. Thank you for drawing my attention to the contradiction in the practice test – this has been corrected and will be republished shortly.

    August 28, 2019 at 4:14 pm #543569
    rnsadykova
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Thank you for answer!

    August 28, 2019 at 4:19 pm #543572
    Kim Smith
    Keymaster
    • Topics: 135
    • Replies: 8327
    • ☆☆☆☆☆

    You’re welcome! And thank you for taking time to explain the matter so clearly that it could be quickly resolved.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Basis for modified opinion or Material uncertainty related to going concern’ is closed to new replies.

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

  • John Moffat on Group Accounts The Consolidated Income Statement (part b) – ACCA Financial Accounting (FA) lectures
  • John Moffat on Activity Based Costing part 2 – ACCA Performance Management (PM)
  • FarhadKamalzada on Group Accounts The Consolidated Income Statement (part b) – ACCA Financial Accounting (FA) lectures
  • MikeLittle on LW Global Chapter 17 Questions Company Law: Illegalities
  • eliaskaz123 on Activity Based Costing part 2 – ACCA Performance Management (PM)

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