[neka4real2004]

Thank You.

[neka4real2004]

Hi what is e-biz and linked theory. Haven’t heard about it. Been doing self study
Please help me. Failed again.

[neka4real2004]

Feeling quite dissappointed as I hoped for a pass. But still failed. Don’t know what I am doing wrong. My third attempt. Please i saw people saying that linked theory and E- business helped. Please can some help me with where to get the information from?. So I can use for the December exam.

Please help….

[neka4real2004]

I actually have read it.
Wasn’t clear to me. Hence needing your assistance.

[neka4real2004]

Ok.
Thank you for taking the time to reply back.

[neka4real2004]

As something can be Material in Number and Material by Nature. And if Material by Nature, shouldn’t it be significant to Auditors?

[neka4real2004]

(1). I Also didnt get the Difference between Emphasis of Matter (EOM) and KEY Audit Matter(KAM) frim what you explained AND WHEN appropriate to use them Sir ?

Also

(2.) When is it appropriate to use Emphasis of Matter or Material Uncertainty going concern in the audit report ( can they both be written in the audit report)?

(3.) From your explanation above, please can you also explain the difference between MATERIAL & SIGNIFICANT? and if possible an example for better understanding.?

[neka4real2004]

Include a EOM (not ROM )

[neka4real2004]

My understanding is that:-

When evidence exist on a material misstatement – include an ROM

When there is NO evidence on a material misatement but in auditors professional judgement it’s significant – then include a KAM
( if so:- my confussion if no evidence exist in a material misstatement wouldn’t it be a disclaimer of opinion, and if a disclaimer then no inclusion of KAMis allowed.)

Please help I am really confused….

[neka4real2004]

PBT, UEL, NCI, Y/E

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