Hello all,
I have a first year audit client where opening stock is highly material so I have qualified on LOS as did not attend the opening stock take and have not been able to prove stock quantity any other way.
The audit report for the full accounts is straight forward enough, but I cant find an illustrative example of the abbreviated and surprisingly there isn’t one in APB Bulletin 2008/4.
My software (Viztopia) seems to want to do the usual abbreviated report and then under an 'other information' heading reproduce the entirety of the full audit report.
Does anyone know if this is correct, it seems a bit long winded, I'd have thought I could just add my 'basis of opinion' paragraph rather than the whole thing.
Any help much appreciated.
Thanks
Peter
