Question 6c
Marking Guide
(c) Up to 1 mark per well explained valid point.
– Discuss with management why they are refusing to make the amendment
– Assess the materiality of the error
– If immaterial, add to the schedule of unadjusted differences and assess if total errors material
– If material but not pervasive, modified audit report, material misstatement, qualified opinion
– Basis for qualified opinion paragraph required
– Opinion paragraph – except for
5
–––