• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

Key Audit Matters and Emphasis of Matters

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Key Audit Matters and Emphasis of Matters

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by shohani.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • March 3, 2018 at 3:07 pm #439905
    shohani
    Member
    • Topics: 11
    • Replies: 8
    • ☆

    Hi Tutor,

    May I ask what the difference is between Key Audit Matters and Emphasis of Matters?

    Kind regards,
    Shohani

    March 3, 2018 at 3:15 pm #439909
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10595
    • ☆☆☆☆☆

    KAMs are general matters of importance that were dealt with during the audit. Eg if the valuation of inventory was difficult, that would be mentioned there.

    EoMs are a red flag telling shareholders not to overlook something important in the FS – usually to go an look at a note. For example, the note might explain that the company had just received a law suit but that it was too early to make any evaluation.

    March 3, 2018 at 3:22 pm #439912
    shohani
    Member
    • Topics: 11
    • Replies: 8
    • ☆

    Thank you Tutor, makes sense now.

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘Key Audit Matters and Emphasis of Matters’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • verweijlisa on Financial performance – Example 2 – ACCA Financial Reporting (FR)
  • John Moffat on Linear Programming – Spare capacity and Shadow prices – ACCA Performance Management (PM)
  • John Moffat on The Statement of Financial Position and Income Statement (part d)
  • Salexy on Linear Programming – Spare capacity and Shadow prices – ACCA Performance Management (PM)
  • omerbasheer on The Statement of Financial Position and Income Statement (part d)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in