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Subsequent events.

Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › Subsequent events.

  • This topic has 2 replies, 3 voices, and was last updated 13 years ago by Neeta.
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  • May 23, 2012 at 5:20 pm #52814
    pondo63
    Participant
    • Topics: 3
    • Replies: 4
    • ☆

    What action can be taken by an auditor after the discovery of material misstatements after the signing of the report,the directors having refused to ammend the financial statements?

    May 24, 2012 at 9:21 am #98065
    christine71
    Member
    • Topics: 17
    • Replies: 22
    • ☆

    If directors refuse to ammend the F/S, seek for legal advice with the objective of trying to prevent further reliance on the auditor’s report

    May 24, 2012 at 5:51 pm #98066
    Neeta
    Member
    • Topics: 3
    • Replies: 10
    • ☆

    If directors do not agree to amend FS, the auditor will make a statement in AGM and seek legal advice.

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