qualified for misstatement Flashcards

1
Q

qualified opinion

A

expresses reservations but taken as a whole, f/s are still fairly stated.

for scope limitations-not able to get sufficient appropriate audit evidence, but concludes that it could be material but NOT pervasive

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2
Q

effect on auditor report

A

basis for qualified opinion(title) paragraph before (preceeding) opinion paragraph (titled qualified opinion)

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