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Bandhan Preet Singh asked 1 year ago

Sir, I have doubt regarding Q 43 of ICAI MCQ booklet. In case auditor does not agree on revenue recognition criteria followed by the company shouldn’t he disclose the matter in emphasis of matter paragraph as it might have impact on financial statements?

1 Answers
RaviRavi Staff answered 1 year ago

Matter for which modification is required, cannot become part of EMP or OMP
We can refer note in basis of opinion para and highlight it, so if modification is required, highlight matter through basis para  

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