A clean audit report is issued when: (a) The auditor has no independence issues. (b) The audit
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A “clean” audit report is issued when:
(a) The auditor has no independence issues.
(b) The audit opinion is unqualified and the auditor includes a paragraph in the audit report to emphasize something important.
(c) The audit opinion is unqualified and unmodified.
(d) The users cannot rely on the financial statements.
The audit report is issued by a certified public accountant who is appointed by the shareholders to provide assurance upon the truth and fairness of the financial statements prepared by the managers of the company. Audit report contains the...
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Related Book For
Auditing A Practical Approach
ISBN: 978-1118849415
2nd Canadian edition
Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren
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