QUALIFICATION IN AUDIT REPORT
This query is : Resolved
01 April 2009
WHETHER CHANGE IN METHOD OF VALUATION OF INVENTORIES (SHARES)REQUIRES QUALIFICATION IN AUDIT REPORT OR ONLY DISCLOSURE BY WAY OF NOTES ON ACCOUNTS IS SUFFICIENT, PARTICULARLY IN CASE OF TRADERS IN SHARES , WHERE ACCOUNTING STANDARD 2 IS NOT APPLICABLE.
01 April 2009
Check the Materiality level, and if higher then qualify otherwise note will be sufficient.
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