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- This topic has 5 replies, 3 voices, and was last updated 3 years ago by Kim Smith.
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- November 23, 2020 at 2:51 pm #596153
In attempting to answer question,is it compulsory to make reference to ISA or
IFRS?November 23, 2020 at 5:21 pm #596185Short answer no – use search or try this for further explanations https://opentuition.com/topic/isa-14
December 13, 2020 at 2:37 am #599757AnonymousInactive- Topics: 40
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If adequate disclosure is not made for material uncertainty related to going concern , then is it risk over completeness of disclosure of material uncertainty related to going concern?
December 13, 2020 at 7:55 am #599772Spot on – and if complete the audit opinion is unmodified and the auditor’s report includes a MURGC section. But if incomplete the audit opinion will be modified – “except for” – as there will be material misstatements (no MURGC section in this case).
December 13, 2020 at 2:28 pm #599820AnonymousInactive- Topics: 40
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Can you tell what type of audit risk would be there for not including disclosures
December 13, 2020 at 3:58 pm #599831PLEASE PLEASE refer to the assertions in Chapter 16 – I have mentioned this in numerous responses – and READ what it says about the assertion “Presentation”, for example.
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