- This topic has 2 replies, 2 voices, and was last updated 7 years ago by .
Viewing 3 posts - 1 through 3 (of 3 total)
Viewing 3 posts - 1 through 3 (of 3 total)
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › EMPHASIS OF MATTER PARAGRAPH
sir
an explosion occur after year end which is non adjusting event.we need to bring attention of shareholders through emphasis of matter paragraph or notes to financial statements?
You can only emphasise something that is already properly disclosed in the FS.
If the company has inserted a note about the explosion then the EoM will refer to that.
If the company FS have no note, but should have, the FS do not show a T&F view and the audit opinion needs modified – probably to a qualified opinion.
thank you sir,it’s clear