How does the auditor’s opinion differ between scope limitations caused by client restrictions and limitations resulting from conditions beyond the client’s control? Under which of these two will the auditor be most likely to issue a disclaimer of opinion? Explain.
Explain why auditors’ reports are important to users of financial statements and why it is desirable to have standard wording. 3-2 (OBJECTIVE 3-1) What are the purposes of the opinion section in the auditor’s report? Identify the most important information included in the opinion section. 3-3 (OBJECTIVE 3-1) What are the purposes of the auditor’s […]