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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Going Concern para in audit report
Hello Mike
for international p7 versions.
1) if the management refuses to disclose going concern uncertainty in financial statements and if its is materiel then we will give a qualified except for opinion. however what will happen to to the “materiel uncertainty in relation to going concern” para in this case?
“however what will happen to to the “materiel uncertainty in relation to going concern” para in this case?”
That paragraph will not be relevant because the basis of opinion paragraph itself will fully explain the reason for the qualification of the audit opinion