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JSmith1 JSmith1
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A year ago
An adverse opinion is issued when the auditor believes

▸ some parts of the financial statements are materially misstated or misleading.

▸ the financial statements would be found to be materially misstated if an investigation were performed.

▸ the auditor is not independent.

▸ the overall financial statements are so materially misstated that they do not present fairly the financial position or results of operations and cash flows in conformity with GAAP.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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hamusa4hamusa4
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A year ago
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JSmith1 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
yen
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Yesterday
Smart ... Thanks!
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2 hours ago
Just got PERFECT on my quiz
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