Niki Kriplaniniki kriplani asked 2 years ago

Q59 B states that if mgmt not rectifies then practioner should include in notes to accounts and in report But in srs 4410 std says withdraw if not rectified  

1 Answers
Auditaudit Staff answered 1 year ago

Non Compliance of AS, in compilation assignment
As per old SRS 4410 — Put it on notes to Accounts & In Accountants Report
As per new SRS 4410 — Withdraw
in RTP Nov 17 they have given as per old standard
my suggestion specify both, let examiner know you know both
 
Q59 B states that if mgmt not rectifies then practioner should include in notes to accounts and in report But in srs 4410 std says withdraw if not rectified.