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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 12 years ago by Avatarchiaramunton.
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  • November 20, 2013 at 8:33 am #146932
    Avatardmalota
    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
    Avataraimanaljafri
    Member
    • Topics: 7
    • 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
    AvatarAnonymous
    Inactive
    • Topics: 0
    • Replies: 11
    • ☆

    please explain in detail :/

    November 30, 2013 at 9:41 pm #148716
    Avatarchiaramunton
    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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