Question: Q3 . The following four situations require a modification to the standard unqualified/unmodified audit report. Identify the modification required for each. (2 Marks). a. Opinion

Q3. The following four situations require a modification to the standard unqualified/unmodified audit report. Identify the modification required for each. (2 Marks). a. Opinion based in part on the report of another auditor. b. Going concern. c. Lack of consistency. d. Additional emphasis.

note: please only mention if its unqualified or unmodified audit report.

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!