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Which one of the circumstances is the auditor of a company

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Reference no: EM132753008

Problem 1: In which one of the following circumstances is the auditor of a company most likely to include an emphasis of matter paragraph in the audit report?

Option 1: Related party disclosures have not been made in the notes to the financial statements

Option 2: Prior year corresponding amounts have not been disclosed

Option 3: A note to the accounts refers to significant uncertainties relating to legal proceedings which are constantly being monitored by the directors

Option 4: A note to the accounts describes the effect

Reference no: EM132753008

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