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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › eom and mugc together in audit report?
Parr Co is undergoing a major court case that would bankrupt the company if lost. The directors assess and disclose the case as a contingent liability in the accounts. The auditors agree with the treatment and disclosure.
For the above situations state what type of audit report should be issued and explain your choice.
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Can we write both emphasis of matter and material uncertainty relating to going concern?
If you have a MUGC you do not have an EoM about the same matter. You could potentially have an EoM about something else.