Skip to content

Ask the Tutor ACCA AA

ISA 600

CJCheol Joo2y ago
Hi Kim, Could you please help me understand what this phrase means from ISA 600? In the section A156: The group engagement partner's evaluation may include a consideration of whether corrected or uncorrected misstatements communicated by component auditors indicate a systemic issue that may affect other components. I am not quite sure what this phrase is trying to say :(. Thank you always for your help, CJ
KimKimTutor2y ago#1
The audit of consolidated financial statements is not examinable in AA and ISA 600 is not an examinable document at this level (you'll have to wait for AAA!)
Sign into reply to this topic.