What are two main categories of problems that can prevent an auditor from issuing an unmodified audit

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What are two main categories of problems that can prevent an auditor from issuing an unmodified audit opinion on GAAP financial statements? Which type relates to management’s responsibilities and which type relates to auditors’ responsibilities?

GAAP
Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the...
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Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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