Question: FINAL ASSESSMENT Which two options may be appropriate when a service auditor's report contains a modified opinion? do not use the report for any purpose

FINAL ASSESSMENT
Which two options may be appropriate when a service auditor's report contains a modified opinion?
do not use the report for any purpose
use the report and similarly modify the user auditor's opinion
use the report without consideration of the matter giving rise to the modified opinion
use the report to aid in assessing the risks of material misstatement of the user entity's financial statements
contact the service organization through the user entity to obtain more information about the matter giving rise to the modified opinion
FINAL ASSESSMENT
Which two options may be appropriate when a service auditor's report contains a modified opinion?
do not use the report for any purpose
use the report and similarly modify the user auditor's opinion
use the report without consideration of the matter giving rise to the modified opinion
use the report to aid in assessing the risks of material misstatement of the user entity's financial statements
contact the service organization through the user entity to obtain more information about the matter giving rise to the modified opinion
FINAL ASSESSMENT
Which two options may be appropriate when a service auditor's report contains a modified opinion?
do not use the report for any purpose
use the report and similarly modify the user auditor's opinion
use the report without consideration of the matter giving rise to the modified opinion
use the report to aid in assessing the risks of material misstatement of the user entity's financial statements
contact the service organization through the user entity to obtain more information about the matter giving rise to the modified opinion
FINAL ASSESSMENT
Which two options may be appropriate when a service auditor's report contains a modified opinion?
do not use the report for any purpose
use the report and similarly modify the user auditor's opinion
use the report without consideration of the matter giving rise to the modified opinion
use the report to aid in assessing the risks of material misstatement of the user entity's financial statements
contact the service organization through the user entity to obtain more information about the matter giving rise to the modified opinion
FINAL ASSESSMENT Which two options may be

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!