loss by flood

200 views 2 replies
Eg
Ek company hai uski ek branch flood ki wajah se destroyed hogyi hai or management ne ye bat disclose bhi ki hai Fibancial statement meh and loss amount bhi material hai eg50cr

Is me kya opinion jaegi audit report me
Replies (2)
you can check out going concern assumption and accordingly draft your opinion.
Since it is a material amount and Management had seperately disclosed in notes to accounts, it shown in key audit matters or at best in emphasis of matter paragraph

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