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Kim Smith says
January 24, 2021 at 10:03 am
The first statement is true except rather than “no need” – it is simply “not done” because a matter is described only in one place.
I will have to listen to the second statement but if as you have quoted it then it is conflicting – if modified on going concern then this will be described in the basis of opinion paragraph. There will be no MURCG – nor an EoM – (since the MURGC is effectively the EoM specific to going concern). Absolutely your conclusion is correct – if there is a MURCG, the opinion cannot be modified in respect of going concern.
January 24, 2021 at 10:53 am
Thanks for your answer! It’s more than clear now.
August 5, 2018 at 3:43 pm
great… 4 weeks till exam ..
October 3, 2018 at 8:27 pm
Did you pass it?
October 25, 2018 at 8:13 pm
NO, got 48!.
redoing for december
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