chap 4 discussion of conditions requireing modification of opinion

Question 1

auditors scope has been restricted. what opinion can it be?

Answer 1

qualified or disclaimer

Question 2

statement not in conformity with GAAP what opnion

Answer 2

qualified or adverse

Question 3

if auditor not independent as per AICPA then what issued

Answer 3

disclaimer even if audit prcederures performed

Question 4

what is the auditors decision process for audit reports?

Answer 4

1. determine if any condition exists requiring departure from standard unmodified
2. decide the materiality for each condition
3. decide the approprate type of report for the condition, given materiality level
4. write audit report
5. determine if more thaqn one condition requiring a departure or modification exists