Question: QUESTION THREE a. You are the partner responsible for the audit of ABC Co, for the year ended 30th April, 2014. The final audit has

QUESTION THREE a. You are the partner responsible for the audit of ABC Co, for the year ended 30th April, 2014. The final audit has been completed and you have asked the audit manager to draft the audit report The manager is aware that there is guidance for auditors relating to audit report in ISA 706 Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor's Report. The manager has asked for your assistance in this matter. Required: i. Define an 'Emphasis of Matter paragraph' and explain, providing examples, the use of such a paragraph. (6 marks) ii. Define an 'Other Matter paragraph' and explain, providing examples, the use of such a paragraph. (6 marks)

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