The audit opinion is placed at the beginning of the auditors' report to give greater prominence as to whether the financial statements are true and fair in accordance with the applicable financial reporting framework. "

Source: Accountants Today Jan/Feb 2018

Identify and briefly explain three circumstances that may lead an auditor to include an emphasis of matter paragraph in the audit report.

Referring to ISA 750 - Modifications of the opinion in the Independent Auditor's Report, describe three other types of audit opinion that can be issued if the issuance of unqualified opinion is inappropriate. Provide an example in terms of reasons or causes for issuing each type of audit opinion.