Interactive BPP books for September 2026 exams, recommended by OpenTuition.
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what do you mean by “change the view the reader’.plz explain it with examples?
means to say that whats the criteria for it
if an amount which is uncorrected is material to two measures of the materiality e.g profit and gross assets.could the adverse opinion be given?
Sir, i have listened that adverse opinion is given when misstatement is material to two relevance of materiality E.g to gross assets and net profit and not to revenue.if its wrong then what are basis for giving an adverse opinion
Sorry i did not clarified my point.it was that what are the usual threats to the listed company that could pose the material effect on the financial staements
what are usual material misstatements for the listed company?
whats the purpose of doing receivable circulisation and inventory count DURING the INTERIM AUDIT
and what the Audit work we could do on ROCE in respect of Analytical procedure
Thankyou very much dear tutor
one more thing to ask is that the risk assessment procedures used in Audit plan are the same as the risk assessment process which is at the start of the audit using analytical procedures and knowledge of the business or they are two different things
