7 If, after the financial statements have been issued, Blenkin & Co becomes aware of a fact which may have caused its report to be amended, the firm should consider several possible actions.
Which of the following are appropriate actions for Blenkin & Co to take?
(1) Discuss the matter with management and, where appropriate, those charged with governance
(2) Obtain a written representation from management
(3) Consider whether the firm should resign from the engagement
(4) Enquire how management intends to address the matter in the financial statements where appropriate
Which of the following are appropriate actions for Blenkin & Co to take?
(1) Discuss the matter with management and, where appropriate, those charged with governance
(2) Obtain a written representation from management
(3) Consider whether the firm should resign from the engagement
(4) Enquire how management intends to address the matter in the financial statements where appropriate
举一反三
- which of the following are the key financial statements required to be published? ( ) A: Balance sheet B: Income statement C: Statement of cash flows D: Management report
- Which sections of an annual report do IFRSs apply to？（ ） A: Management report B: Financial statements C: Auditors report D: Entire annual report
- Which<br/>of the following is typically not a part of the annual report published by a company for<br/>investors and other decision makers?() A: Financial<br/>statements B: Notes<br/>to the financial statements C: Budgets<br/>prepared by management D: The<br/>audit report
- which of the following are the key financial statements required to<br/>be published?( ) A: Balance sheet B: Management report C: Statement of cash flows D: Income statement
- Which of the following is NOT a main focus of management accounting? A: Planning B: Control C: Financial statements D: Decision making