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Pawan

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Active 6 years ago
  • Topics: 2
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Viewing 3 posts - 1 through 3 (of 3 total)
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  • December 2, 2016 at 6:34 pm #353258
    mysteryPawan
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    Yes that became clear now.
    And sorry one more thing, if the matter was immaterial, then you can include in the KAM yeah?

    Thank you once again Mike.
    Thanks a lot Opentuition. Keep up the great work!!!

    December 2, 2016 at 1:54 pm #353191
    mysteryPawan
    Member
    • Topics: 2
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    Wouldn’t we be including this twice? Once in the Basis of Qualified Paragraph and the second time in the KAM paragraph?

    December 2, 2016 at 1:29 pm #353180
    mysteryPawan
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    So just a hypothetical situation, if the auditors have difficulty in obtaining sufficient and appropriate evidence for a articular balance which is material but no pervasive. In this case, they would issue a modified opinion. Would they include the same matter in the KAM as well?

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