When the audit opinion is based in part on the work of another auditor, all of the

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When the audit opinion is based in part on the work of another auditor, all of the following changes are made to the standard unmodified audit report except:

a. The auditor’s responsibility paragraph has added wording stating that other auditors completed a portion of the audit.

b. The opinion paragraph references the other auditors.

c. The portion of the audit conducted by the component auditor is stated in the report.

d. An emphasis-of-matter paragraph is added after the opinion paragraph.

Audit Report
The audit report is issued by a certified public accountant who is appointed by the shareholders to provide assurance upon the truth and fairness of the financial statements prepared by the managers of the company. Audit report contains the...
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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

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