Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
10th Edition
ISBN: 9780077732509
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 18.7RQ
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 indicate:The auditor’saction if the management refuses to correct other information in the annual report.

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