If a client has a going concern issue that has been properly disclosed in the notes, the
Question:
If a client has a going concern issue that has been properly disclosed in the notes, the auditor should:
a. Issue an unmodified report and add an emphasis-of-matter paragraph before the opinion paragraph to highlight the going concern issue.
b. Issue a qualified report and add an emphasis-of-matter paragraph before the opinion paragraph to highlight the going concern issue.
c. Issue an unmodified report and add an emphasis-of-matter paragraph after the opinion paragraph to highlight the going concern issue.
d. Issue a qualified report and add an emphasis-of-matter paragraph after the opinion paragraph to highlight the going concern issue.
Step by Step Answer:
c Issue an unmodified repo...View the full answer
Auditing A Practical Approach with Data Analytics
ISBN: 978-1119401742
1st edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
