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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Material misstatement in comparative figures
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.
Qualified “except for” non-comparability (!)