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Audit report

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Audit report

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by Ken Garrett.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • May 7, 2015 at 3:13 pm #244614
    pinkyjovin123
    Participant
    • Topics: 92
    • Replies: 134
    • ☆☆☆

    Sir,

    In the audit report if the matter is material but not pervasive.It is a qualified opinion.It should be except for.Does it mean that financial statements are true and fair.

    Pinky

    May 7, 2015 at 6:50 pm #244677
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10648
    • ☆☆☆☆☆

    The report will say that except for….. the FS give a true and fair view.

    The FS are therefore not completely T&F but the problem is isolated.

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