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Under which of the conditions below the auditor will make “an emphasis of matter” to the financial statements in the audit report  even though an unqualified opinion is given: i) The existence of significant related party transactions. ii) Report involving other auditors  iii)Important events occurring subsequent to the balance sheet date. iv) Matters affecting the comparability of the financial statements with those of the preceding year A. i) iii) and iv) B. ii) iii) and iv) C. i) ii) iii) and iv) D. ii) and iii)

Under which of the conditions below the auditor will make “an emphasis of matter” to the financial statements in the audit report  even though an unqualified opinion is given: i) The existence of significant related party transactions. ii) Report involving other auditors  iii)Important events occurring subsequent to the balance sheet date. iv) Matters affecting the comparability of the financial statements with those of the preceding year A. i) iii) and iv) B. ii) iii) and iv) C. i) ii) iii) and iv) D. ii) and iii)

Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter14: Completing A Quality Audit
Section: Chapter Questions
Problem 11CYBK
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Under which of the conditions below the auditor will make “an emphasis of matter” to the financial statements in the audit report  even though an unqualified opinion is given:

i) The existence of significant related party transactions.
ii) Report involving other auditors 
iii)Important events occurring subsequent to the balance sheet date.

iv) Matters affecting the comparability of the financial statements with those of the preceding year

A.

i) iii) and iv)

B.

ii) iii) and iv)

C.

i) ii) iii) and iv)

D.

ii) and iii)

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