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Author Question: What category of audit report will be issued if the auditor concludes that the financial statements ... (Read 93 times)

ShannenConnor

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Question 1

The standard unmodified audit report
◦ is sometimes called a clean opinion.
◦ can be issued only with an explanatory paragraph.
◦ can be issued if only a balance sheet and income statement are included in the financial statements.
◦ is sometimes called a disclaimer report.

Question 2

What category of audit report will be issued if the auditor concludes that the financial statements are not fairly presented?
◦ disclaimer
◦ qualified
◦ standard unmodified opinion
◦ adverse


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Marked as best answer by ShannenConnor on Aug 21, 2022

hariet5

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ShannenConnor

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)


T4T

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Reply 3 on: Yesterday
Excellent

 

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