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- May 30, 2010 at 3:48 pm #44274AnonymousInactive
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what will be asked in clarity statement?
Does anyone has any practise Qs about this topic??
If yes,can we share together?June 2, 2010 at 12:33 pm #61683i dont know what’s with the CLARITY PROJECT is it even examinable?? thats what u meant here rite IAASB CLARITY PROJECT!!
June 2, 2010 at 12:39 pm #61684AnonymousInactive- Topics: 18
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I mean the new syllbus in Paper F8 Cla~ project.
It is said that this new area will be examed later from 6/2010.
But no one knows the Qs except our new examer.
LolJune 2, 2010 at 12:51 pm #61685Can somebody give some explanation to what it is as i’m re-sitting from Dec 09 and so have all the matrial from then, no idea what it is??!
June 3, 2010 at 10:43 pm #61686Hi,
The Clarity project is simply changes in terminologies. For instance, weakness in internal control is now referred to as deficiencies in internal control. Audit report-Limitation of scope and Disagreement/Disclaimer are now referred to as simply a material or pervasive misstatement(i,e and “Excerpt for” or FS is not true and fair view.) . Check OP for further info on the changes mentioned in the Clarity project.P.S this changes are also illustrated in both BPP and Kaplan Exam Kit answers.
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