Question 4If the auditor obtains sufficient evidence on a client's accounts receivable balance through alternative procedures because it is impractical to confirm accounts receivables, the auditor's opinion should be unqualified and could expect to: disclose the fact that alternative procedures were used due to client imposed restrictions. Avoid mentioning the alternative procedures disclose in the audit opinion that confirmation of accounts receivables was impracticable include a paragraph that discloses the performance of the alternative procedures

EOM paragraph provide by the auditor when he wants to explain some audit procedures or matter that is necessary for the users of FSEOM paragraph provided related to only matters whose qualification are not issued in the report but in the auditor opinion necessary for the understanding of users Option D is correct, because there is no qualification but auditor wants to know the users that accounts receivable were confirmed through alternate audit procedures. include a paragraph that discloses the performance of the alternative procedures

Answered: f the auditor obtains sufficient…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question 4

If the auditor obtains sufficient evidence on a client's accounts receivable balance through alternative procedures because it is impractical to confirm accounts receivables, the auditor's opinion should be unqualified and could expect to:

		disclose the fact that alternative procedures were used due to client imposed restrictions.
		Avoid mentioning the alternative procedures
		disclose in the audit opinion that confirmation of accounts receivables was impracticable
		include a paragraph that discloses the performance of the alternative procedures

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