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Chapter 1 Homework Assignment 12 Help Sections of an Audit Report The unqualified audit report is the most common type of audit report, in
Chapter 1 Homework Assignment 12 Help Sections of an Audit Report The unqualified audit report is the most common type of audit report, in the context, the term unqualified means that because the financial statements are free of material misstatements, the austor does not find it necessary to quity or modify e. specify any exceptions to the audit opinion other words, en ungwded funmodified opinion is a "clean pinion. While is fairly common for the auditor to find misstatements needing conection, audit clients are most always willing to make the adjustments necessary to receive a cleani The audit report presented in Exhibe 1-1 is the standard type of unquoted audit operon issued for publicly de companies. For a public company audit, the auditor is also responsible to report on the company's inter Enancial reporting CPO The report on ICFR can be combined with the financial statement audit report or it cambe presented separately Part 1 - Drag and Drop Put the folowing components of the standard auditors' report in the correct order Opinion on Critical Aust Critical Aud Matter Date Tite Addresse Basis for Opinion Mater and Aadt Fema Financial St Auditor Response S& Check my work
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