What words and phrases in an unqualified audit report imply that there is a risk that the financial statements may contain a material misstatement ...

The first phrase implying some risk of not detecting all material misstateme ...

What words and phrases in an unqualified audit report imply that there is a risk that the

Question:

What words and phrases in an unqualified imply that there is a risk that the may contain a material misstatement?

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... Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...