Skip to content

Ask the Tutor ACCA AAA

Material misstatement in comparative figures

PParth5y ago
What will be the effect on auditor's report if there is a material misstatement in comparative figure. The effect of material misstatement was corrected in CY accounts by giving effect on retained earnings and asset/liability figures. Just the comparatives were not corrected.
KimKimTutor5y ago#1
Qualified "except for" non-comparability (!)
Sign into reply to this topic.