Standard UnQualified audi Report Flashcards
1
Q
Issued When 4 Conditions are met:
A
1- BS, IS, SOCF and SOSE are included in FS 2- sufficient appropriate evidence has been accumulated and auditor has conducted engagements to conclude that audit was performed in accordance with auditing standards, 3- FS are presented as GAAP or AFRF 4- No circumstances exist to provide an explanatory paragraph or modification of wording
