Auditors may accept an engagement and express an unmodified opinion on an element, account, or item of

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Auditors may accept an engagement and express an unmodified opinion on an element, account, or item of the financial statements if they 

a. Perform analytical procedures related to all significant account balances and classes of transactions. 

b. Limit the use of their report to specified users. 

c. Conduct the engagement in accordance with generally accepted auditing standards. 

d. Have expressed an adverse opinion on the full financial statements.

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Auditing & Assurance Services

ISBN: 978-1260703733

8th Edition

Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau

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