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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.
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