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Hello Dear Mike,
In P7 exam, when we are answering questions about audit report, then we should refer to the new style or it is OK to answer the questions as before.
I meandoes the new report style change the answering method?!!!
I learned how to answer audit report questions by solving past papers. Now I am worry whether this new style could affect the approach which was used in past papers??!!!!
No changes in location and title of paragraphs?!!
I mean as usual it is for exampe
Basis for qualified opinion
…….Qualified opinion
…………..Emphasis of other matters
………….Other matters
………As always, thank you
RegardsYou’re ok with the old style but it would be sensible to try to get up to speed with the new format as well – simply for comparison purposes
Look at the jd weatherspoons annual report for a new style audit report, made me understand it better after seeing a real life example!
Hi I check in google and unfortunately didn’t find any proper information. Only that lots of auditing standards is revised- I guess this cause changes to report style. Could you tell me where I can find short summary please? Or maybe I should just skip that as still lots to do and only 3 days to exam.
Thanks
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