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cmartinez034 cmartinez034
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If the financial statements include an income statement and a balance sheet but exclude the statement of cash flows, the auditors

▸ can issue an unqualified report.

▸ should issue a qualified opinion due to the departure from GAAP.

▸ should issue a qualified opinion because the missing statement of cash flows constitutes a scope limitation.

▸ should include the statement of cash flows, modify the report, and issue an unqualified opinion.
Textbook 

Auditing and Assurance Services


Edition: 17th
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live4outdoorslive4outdoors
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should issue a qualified opinion due to the departure from GAAP.

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