Two aspects that affect the form of opinion in an auditors report are a. The need to

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Two aspects that affect the form of opinion in an auditor’s report are

a. The need to issue a modified report or an adverse report.

b. The scope of the auditor’s work and the fairness of presentation of the financial statements in accordance with GAAP.

c. The knowledge and experience the auditors have gained in their professional work.

d. The scope of the financial reporting framework and the fairness of the audit evidence obtained.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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