Audit of consolidated financial statements


This query is : Resolved 

(Querist)
04 October 2011 Can an auditor include the qualifications made by another auditor of a subsidiary company while considering the audit of consolidated financial statements

Rakesh (Expert)
06 October 2011 The Consolidat auditor should be consider if the qulification is major or regulatory and if he is satisfy that the qulification has not major impact of the consolidated statment than can be ignore


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