Question: During the year, your client changed from the straight-line to an accelerated method of depreciation. This change has a material effect on the current year's
During the year, your client changed from the straight-line to an accelerated method of depreciation. This change has a material effect on the current year's financial statements. You do not agree with the change, which is adequately disclosed. The auditor will most likely issue a(an): Standard unmodified opinion Unmodified opinion with explanatory paragraph Unmodified opinion with changes to standard report wording Qualified opinion Disclaimer of opinion Adverse opinion
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
