What kind of audit report unqualified opinion adverse

Reference no: EM13351848

What kind of audit report (unqualified opinion, adverse opinion, qualified opinion, disclaimer of opinion) should the auditors usually issue in each of the following situations? Describe.

1. Client-imposed restrictions importantly limit the scope of the auditors' procedures.

2. The auditors choose to make reference to the report of another CPA firm as a basis, in part, for the auditors' opinion.

3. The auditors consider that the financial statements have been presented in conformity with usually accepted accounting principles in all respects, except that a loss contingency that should be disclosed via a note to the financial statements is not included.

Reference no: EM13351848

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