Connie Stevens is a partner in a regional accounting firm. Ms. Stevens was hired by a client to audit the company’s books. After extensive work, Ms. Stevens determined that she was unable to perform the appropriate audit procedures.
Required
a. Name the type of audit report that Ms. Stevens should issue with respect to the work that she did accomplish.
b. If Ms. Stevens had been able to perform the necessary audit procedures, there are three types of audit reports that she could have issued depending on the outcome of the audit. Name and describe these three types of audit reports.