(i) EOM paragraph

1 mark each point made – maximum of 2 marks for definition:

– Highlights a fundamental matter
 – Audit opinion not qualified
 – Sufficient evidence obtained
 – EOM to refer to place matter discussed in financial statements
 1 mark each example:
 – Uncertainty/going concern, new accounting standard adopted, catastrophe

Maximum marks 6

(ii) Other matter paragraph

1 mark each point made – maximum of 2 marks for definition:

– Communicate a matter not presented in the financial statements
 – Matter relevant to users understanding of audit
 – Matter relevant to other reporting responsibilities of the auditor
 1 mark each example:
 – Regulatory need, reporting on more than one set of accounts, restriction of use of audit report

Maximum marks 4