[Eusebio]

Hi Sir,

It is no longer necessary, I’m clear now. I was making confusion.

Thanks

[Eusebio]

Hi Sir,

Translating it from Portuguese to English it says “Without modifying our opinion, we draw attention to the fact that the FS of the bank xyz, related to the financial year 2012, were audited by a previous auditor and he expressed an unmodified opinion on the FS on 23 March 2013”

The situation is full explained within the notes in the FS, but the auditor did not draw attention to that fact (that the FS of 2012 were restated and total asset, liabilities and loss were modified).

Note: The adjustment made in Total Assets is 2,41% of Net Assets.

Best regards
ET

[Eusebio]

Good morning Sir, and many thanks for the quick response.

My apologies. No I’m not doing P7. In this section I’ll seat F6 and F8. Due to that fact, I’ve been reading as much as I could about audit report and as well as his opinion.

I was reading the Audit report for year 2013 of a Bank available in the website and there is a emphasis of matter paragraph, but the auditor did not drawn the attention of the readers to that fact (that they had to restate the FS of 2012), they only make reference to the fact that they changed the auditors.

But in my on opinion, I felt that something was missing in that paragraph.

Sorry about the figures, I did no take into account the double entry when I stated my question.

Best regards
ET

[Eusebio]

Thank you Sir

[Eusebio]

Thank you Sir

[Eusebio]

Good day Sir and thank you for your quick reply.

Now I´m clear.

Best Regards
ET

[Eusebio]

Good afternoon Sir and thank you one more time for your quick reply.

Sorry, but I´m still with a doubt. Are you saying that for both situations the notes are enough or is only for the UK Corporate Governance Code.

If not, where can I find the International Standards on Auditing and all the related documents?

Best Regards
ET

[Eusebio]

Sir, I found also in the internet the The UK Corporate Governance Code, September 2012, inssued by the Financial Reporting Council. Should I use that source to prepare the exam?

[Eusebio]

Sir, I found in the internet the Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements, 2012 Edition Volume I, issued by the International Auditing and Assurance Standards Board. Should I use that source to prepare the exam?

Best Regards
ET

[Eusebio]

Good day Sir and thank you for your quick reply.

Please, can you tell me where could I download all the examinable documents for December 2014 exam section?

Best Regards
ET

[Eusebio]

Thank you Sir.

[Eusebio]

Thank you Sir.

[Eusebio]

Thank you Sir

[Eusebio]

Thank you Sir.

[Author]

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