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group audit

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › group audit

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
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  • January 23, 2017 at 7:53 am #368931
    adurich
    Member
    • Topics: 127
    • Replies: 120
    • ☆☆☆

    Sir..

    I had a read to group audit article where I read three stages of group audit ..I have confusion that this knowledge was general ..where as in DEC 2016 exam there was a question about group audit where component auditor asked the management to provide letter of support from the parent ..and group auditor corresponded to the component auditor not to worry about the letter of support ..as on the parent side the management intimidated that they should not qualify the report otherwise they won’t pay the outstanding fees and would not provide support letter as an evidence …

    So I got totally trapped in this question as it asked about ethical issues involved for group auditor ..and responsibilities …I don’t remember full content from the case ..but I need to know the specific situations involved with group auditing …

    January 23, 2017 at 6:32 pm #369086
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23307
    • ☆☆☆☆☆

    “I don’t remember full content from the case ” – you’ve just told me that it was from December 2016 – if you can’t remember, you can look it up rather say ‘I can’t remember’!

    ‘the management intimidated that they should not qualify the report’ is radically different than ‘the management intimated that they should not qualify the report’

    Make sure that you have used the correct word!

    Where you read an article and it is expressed in general terms, that’s not going to be the basis of an answer to a question that identifies specifics

    ‘but I need to know the specific situations involved with group auditing’ – I’m not at all sure what it is exactly to which you refer with this sentence

    Sorry!

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