[Leanna]

Yes unmodified. An emphasis of matter paragraph is only used to draw the users attention to a matter that has already been correctly disclosed within the financials. I think haha

[Leanna]

For the last question one my points was to do with the standard 30 day credit terms. I said that these should be reviewed regularly by the financial director as each customer is different. Competitiors may offer say 40 days and the company’s rigid credit terms may cause loss of revenue. A similar point was made in Dec 14 paper. Importance of audit planning was also asked in Dec 14. My answer to question 16 a was flow charts and questionnaires.

[Author]

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