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Old 31-01-2022, 03:33 PM
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What. Standard really go down hill. Tax provision for the FY requires auditors to review the tax position. How does one review the position without understanding tax treatment. Please refer to SSA250.

If necessary/material adjustments are required then the review of tax position is a failure, ie. Misstatement. LOL
Know enough is good enough. You are not meant to replicate the tax working, which is role of tax agents.
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