(ii) Implications for the completion of the audit

– Seek further information to confirm understanding
 – Request management to correct
 – Escalate to TCWG
 – Notify TCWG effect on auditor’s report
 – Consider resigning

Implications for the auditor’s report arising from the draft chairman’s statement

– Addressed in other information paragraph to draw attention to issue covering
 – Statement other information not audited
 – Responsibilities of auditor regarding other information
 – Description of uncorrected misstatements
 – Auditor’s opinion is not modified

Maximum marks 5