Red Barron Trucking discloses in the notes to the financial statements certain lease obligations. Sally Smith, CPA, believes that the failure to capitalize these leases is a departure from generally accepted accounting principles.
From the following opinion types, select and write the opinion type or types that can be used by the auditor. Up to two opinion types can be selected.
In addition, select and write the appropriate report modification options that are required to be made by the auditor. You can select as many options as apply. (Becker, Adopted)
Opinion Options
a. Unmodified
b. Except for qualified
c. Adverse
d. Disclaimer
Report Modification Options
-Issue the independent auditors report without modification
-Modify the introductory paragraph
-Modify the auditors responsibility paragraph
-Omit the auditors responsibility paragraph
-Modify the opinion paragraph
-Add a basis for opinion paragraph preceding the opinion paragraph
-Add a basis for opinion paragraph following the opinion paragraph