Loose-leaf For Auditing & Assurance Services: A Systematic Approach
Loose-leaf For Auditing & Assurance Services: A Systematic Approach
11th Edition
ISBN: 9781260687637
Author: William F Messier Jr, Steven M Glover Associate Professor, Douglas F Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 18, Problem 18.10MCQ
To determine

Concept Introduction:

Audit report includes the opinion of the auditor on the financial statements. Auditors provide their opinions based on the audit evidences obtained during the audit process. This audit opinion is communicated to the users of the financial statement in an audit report. The opinion of the audit may be unqualified, qualified or adverse.

To choose: The case in which auditor would issue an unqualified audit report with no explanatory paragraph.

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