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Isa 570 going concen

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Isa 570 going concen

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by MikeLittle.
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  • November 21, 2016 at 1:04 pm #350314
    gaga
    Member
    • Topics: 6
    • Replies: 2
    • ☆

    Hi mike

    I have a doubt for dec 13 q5b

    The Ans states abt using EOM etc but according to the technical article “the new auditor report ” it states the new revision is to use header “material uncertainty related to going concen ” is appropriate. So Wat shld I do ?

    Thanks in advance

    November 21, 2016 at 4:07 pm #350382
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22699
    • ☆☆☆☆☆

    There is no way that any publisher is going to go back into history and re-write their answers as each new IAS / ISA / IFRS is issued

    This answer that you’re looking at is written according to the principles that existed before the new standard

    You are being examined on the rules as they exist today!

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