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Hi Mike,
I’m a bit confused of ‘other matter’ paragraph and ‘other information’ in this situation, thought this would be included in ‘other matter’ paragraph, as have seen it in Kaplan kit, but BPP mentioned ‘other information’ section, would appreciate your clarification.
(BPP)The answer for the impact of audit report:
If management refuses to amend the other information then the material misstatement of the chairman’s statement would be described in the Other Information section of the auditor’s report.
Thank you in advance.
Is this not a matter that BPP has updated their answer to fall in line with the new audit report standard whereas Kaplan hasn’t?
Check out the technical article on the P7 technical articles section and particularly the article that details the effects of the revised audit report standard
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