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Dear sir
As per audit standard when we use the EoM ? Does EoM paragraph modifies the auditor reports ? If modifies , pleases give me example.
ThanksAny addition into an auditor’s report other than a standard ‘clean’ report is said to modify a report
What you may be getting confused with is a modified auditor’s opinion and an emphasis of matter paragraph does not modify an auditor’s opinion
OK?
KAms are prat of unmodified reports but an Eom paragraph modifies the auditors reports? My question is that how does EoM paragraph modifie audit repot?
An EOM modifies a report because it’s an additional matter that is included in appropriate situations where the auditor wishes to draw specific attention to some matter that is already fully and appropriately disclosed within the financial statements
It’s not a KAM because otherwise it would have been included within the KAM section
But it is an extra and thus it’s a modification to the report
It’s not a modification to the opinion (and nor is a KAM)
Better?
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