ACCA AAA ^INT Syllabus B. Professional and Ethical Considerations - Investigating Misstatements - Notes ^{3 / 5}

This is done by:

1. looking at the circumstances of the offence

2. Gathering information about the FS effect

3. If material, additional procedures should be carried out

4. Communicated to those charged with governance

   Find out their action to rectify it and whether it is likely to happen again