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Opinion

Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › Opinion

  • This topic has 1 reply, 2 voices, and was last updated 14 years ago by Ken Garrett.
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  • March 11, 2011 at 10:58 am #47718
    christine71
    Member
    • Topics: 17
    • Replies: 22
    • ☆

    When can this para to be used and in what situation ? Emphasis of matter paragragh

    March 11, 2011 at 11:20 am #79719
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10591
    • ☆☆☆☆☆

    It is used to draw attention to something already disclosed in the accounts, usually by way of note. For example, if there is a note mentioning going concern problems the EoM paragraph in the audit report would refer to that so that there is less chance of it being overlooked.

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