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Author Question: When there is a justified departure from GAAP which is considered material, the auditor should issue a(n) (Read 35 times)

bryantpr01

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on: Aug 21, 2022

Question 1

When accounting principles are not consistently applied, and the materiality level is immaterial, the auditor will issue a(n)
◦ standard unmodified opinion.
◦ unmodified opinion with an explanatory paragraph.
◦ adverse opinion.
◦ disclaimer opinion.

Question 2

When there is a justified departure from GAAP which is considered material, the auditor should issue a(n)
◦ standard unmodified opinion.
◦ disclaimer of opinion.
◦ unmodified opinion with an explanatory paragraph.
◦ adverse opinion.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by bryantpr01 on Aug 21, 2022

Burly

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Reply #1 on: Aug 21, 2022
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bryantpr01

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Reply 2 on: Aug 21, 2022
Wow, this really help

LVPMS

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Reply 3 on: Yesterday
:D TYSM

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