Audit Report Review Questions

1. What type of report(s) arises due to a scope limitation?

2. What circumstance(s) result in a disclaimer of opinion?

3. What are the types of audit reports for uncertainties?

4. Under what circumstance(s) is an adverse opinion issued?

5. What types of reports are issued when "component auditors" are involved?

6. What's the difference between "component auditors" and a "predecessor auditor"?

7. What date is ordinarily used to date an audit report?

8. In a "going concern modification" an auditor evaluates whether there is "substantial doubt"

about an entity's ability to continue as a going concern for a reasonable period of time. How

long is this reasonable period of time?