Reference no: EM132974258
QUESTIONS
1: Outline the contents of a general purpose financial report.
2: What are the contents of an unmodified auditor's report? Explain each section.
3: Explain what a 'key audit matter' is and under what circumstances it should be included in the auditor's report.
4: What are the different types of modified audit opinions? Explain each type.
5: Under what circumstances may the auditor decide to include an 'emphasis of matter' section in the auditor's report"
6: What is the difference between an unmodified auditor's opinion and a modified auditor's opinion?
7: Is materiality the only consideration for an auditor deciding whether to qualify the audit opinion?
8: What does each of the modified types of auditor's opinions mean to users wanting to rely on the financial report?
9: What circumstances may give rise to (1) an adverse opinion and (2) a disclaimer of opinion?
10: What might constitute 'other matters' on which an auditor may be required to report?
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