ISA 600

This topic has 1 reply, 2 voices, and was last updated 2 years ago by Kim Smith.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
November 1, 2023 at 7:58 pm #694286
cjpark1992
Participant
- Topics: 6
- Replies: 8
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
November 2, 2023 at 7:34 am #694295
Kim Smith
Keymaster
- Topics: 138
- Replies: 8474
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!)
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.