Answered: Write a sample auditors’ report showing…

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

Chapter15: Audit Reports For Financial Statement Audits

Section: Chapter Questions

Problem 8CYBK

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Question

It is very usual that the auditor issues a standard unqualified opinion; that is the auditor expresses the opinion that the financial statements present fairy, in all material respects, the financial position, results of operations, and cash flows of the entity under audit in accordance with generally accepted accounting principles (GAAP) or the International Financial Reporting Standards (IFRS).

Required: Write a sample auditors’ report showing stating unqualified audit opinion.

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