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Matters to Consider

Forums › ACCA Forums › ACCA AAA Advanced Audit and Assurance Forums › Matters to Consider

  • This topic has 3 replies, 4 voices, and was last updated 11 years ago by chiaramunton.
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  • November 20, 2013 at 8:33 am #146932
    dmalota
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    What does “matters to consider” in Paper P7 really mean?
    Any standard matters to be considered in an exam?

    November 20, 2013 at 10:21 am #146951
    aimanaljafri
    Member
    • Topics: 8
    • Replies: 39
    • ☆

    matters is basically just a list of things.
    when you see it, look at the timeline in the question. if it’s at the planning stage, then you should consider materiality, risk etc.

    November 22, 2013 at 4:48 pm #147414
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 11
    • ☆

    please explain in detail :/

    November 30, 2013 at 9:41 pm #148716
    chiaramunton
    Member
    • Topics: 2
    • Replies: 9
    • ☆

    First consider materiality, then what are the accounting issues? Has it been treated correctly and if not state what would be correct. Has the misstatement created risk. Mention implication for the audit report

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