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anthonyaooo anthonyaooo
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A year ago
When analyzing the various types of opinions that the auditor can issue,

▸ an adverse opinion must contain the phrase "except for" in the opinion paragraph.

▸ an adverse opinion can only be issued when there is a lack of knowledge by the auditor.

▸ a disclaimer of opinion can be issued for material or immaterial misstatements.

▸ a qualified opinion report can be used only when the auditor concludes that the overall financial statements are fairly stated.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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wellsarwellsar
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anthonyaooo Author
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A year ago
Helped a lot
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Good timing, thanks!
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Thanks
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