[shaunamcpartlin]

@kerrimcm1 said:
Re the MCQ on the audit opinion, I put unmodified and other matters paragraph as it didn’t mention anywhere that the issue was large enough to affect the going concern of the business so assumed the material uncertainty re going concern wasn’t correct and as it had been adequately disclosed, thought it was only necessary to draw attention to it using other matter? Anyone else think this?

I did the exact same…it was answer D

[shaunamcpartlin]

yep i did…ill take it you did too 😀

[shaunamcpartlin]

i went Unmodified opinion and other pararaph, but think its wrong! i said this because it was disclosed in the accounts so it didnt need mentioned but it did need to be understood

[shaunamcpartlin]

@louiseabigail said:
I cant remember any 🙁 although I do know I chose B, C, D for 1, 2 and 3 cause I can picture the dots in my head

I remember that to
mine went
1 b
2 c
3 d
4 a
5 b
6 c

😛

[shaunamcpartlin]

yeah thats what i did really and just wanted to make some reference to the information seen as they where named in the question.

[shaunamcpartlin]

because they were not disclosing the directors names and remuneration and it was part of the legislation in the country where they where doing business that they must disclose this.

[shaunamcpartlin]

ok i did the preconditions and concluded with that the should not have accepted it as they where not complying with laws and regulations.

[shaunamcpartlin]

Was the question in 1st long part a) was about client acceptance screening or preconditions?

[shaunamcpartlin]

was in not some thing like what Ant & Co. should have considered before accepting the audit? which meens pre conditions?? no?? im really confused 🙁

[shaunamcpartlin]

i wrote about preconditions….hope i was right.

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