Audit 1 Module 6 - Modified Opinions Due To Audit Issues Flashcards
1
Q
Examples of scope limitations
A
Time constraints
Inability to obtain sufficient appropriate of it evidence
Refusal of management to provide written representation
Refusal of clients attorney to respond to inquiry
2
Q
Causes of scope limitations
A
Circumstances or management
3
Q
A disclaimer of opinion would not be appropriate if
A
The chief executive officer is unwilling to sign the management representation letter
4
Q
When qualifying an opinion due to inability to obtain sufficient appropriate audit evidence and auditor of a non-issue or should include the reasons for that in ability to obtain sufficient information in
A
Basis for qualified opinion paragraph
