Depending on the outcome of the auditor's work, a number of combinations of opinions (the auditor's opinion

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Depending on the outcome of the auditor's work, a number of combinations of opinions (the auditor's opinion of management's assessment of internal control, the auditor's opinion on internal control effectiveness, and the auditor's opinion on the financial statements) issued by the auditor are possible for companies publicly traded in the United States. Identify and describe these combinations and indicate which combination is likely to be most difficult to understand for a financial statement user.

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Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

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