43 paragraphs found
When the auditor disclaims an opinion on the financial report, the auditor’s report shall not include the elements required by paragraphs 28(b) and 28(d) of ASA 700. Those elements are: A reference to the section of the auditor’s report where the …
When the auditor expresses a qualified opinion due to a material misstatement in the financial report, the auditor shall state that, in the auditor’s opinion, except for the effects of the matter(s) described in the Basis for Qualified Opinion section: …
The table below illustrates how the auditor’s judgement about the nature of the matter giving rise to the modification, and the pervasiveness of its effects or possible effects on the financial report, affects the type of opinion to be expressed. Nature …