- This topic has 2 replies, 2 voices, and was last updated 5 years ago by .
Viewing 3 posts - 1 through 3 (of 3 total)
Viewing 3 posts - 1 through 3 (of 3 total)
- The topic ‘GOING CONCERN’ is closed to new replies.
OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › GOING CONCERN
Hi.
Where do we actually put going concern problems on the audit report?
I’ve read one topic here that said we put it under paragraph “Material Uncertainty Related to Going Concern”, given that this matter has been properly disclosed in financial statement.
But on AA opentuition notes, page 37, it says that we put it under paragraph “Emphasis of Matter”.
So, which paragraph do this going concern problems belong to?
Thank you in advance! ??
MURGC is correct as it effectively “replaces” EoM in respect of going concern. But I believe this has been corrected in the notes. Amended notes with clarifications in respect of auditor’s reports and the audit opinion were uploaded in December.
Aha yes! I checked the updated notes the other, my bad. Thank you sir!!!