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Author Question: If the scope restriction imposed by the client is so material that the overall fairness of the ... (Read 57 times)

ahunt13

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on: Aug 21, 2022

Question 1

For departures from GAAP or scope restrictions, the auditor must decide if the potential effect on the financial statements is
◦ immaterial.
◦ material.
◦ highly material.
◦ Any of these.

Question 2

If the scope restriction imposed by the client is so material that the overall fairness of the financial statements is in question, the auditor should issue a(n)
◦ standard unmodified opinion.
◦ disclaimer of opinion.
◦ adverse opinion.
◦ unmodified opinion with revised wording in the scope paragraph.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by ahunt13 on Aug 21, 2022

KeriJennin

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ahunt13

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

bigsis44

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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