EOM, Other, explanatory Flashcards

1
Q

Other matter paragraph

A

Py (predecessor auditor expressed clean opinion. When py report is not issue with comparaitve f/s. Successor auditor will includes in the other paragraph, type of opinion and reason for it.)

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2
Q

EOM or Other prargrap

A

to explain the situation when adverse option is changed to clean .. disclosed are fixed per gap)

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3
Q

Opening (BB) of B/s (scoop limitation)

A

unable to express opnion on current operation and cash flow statement. Only on B/s sheet b/c it has the ending glances.

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