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f8 engagement

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › f8 engagement

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Ken Garrett.
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  • November 27, 2015 at 2:09 pm #285715
    victoriaamissah
    Member
    • Topics: 2
    • Replies: 0
    • ☆

    What is a review engagement, where should eom be… b4 opinion or after

    November 27, 2015 at 6:24 pm #285768
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10194
    • ☆☆☆☆☆

    A review engagement is a review of FS not an audit. It provides less assurance – and opinion given will be negative (limited) assurance whereas a full audit gives positive assurance (reasonable assurance).

    If you have asked a second question about EoM in an audit report, they come after the opinion paragraph.

    See chapter 6 of our notes.

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