[Pawan]

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!!!

[Pawan]

Wouldn’t we be including this twice? Once in the Basis of Qualified Paragraph and the second time in the KAM paragraph?

[Pawan]

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?

[Author]

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