When an auditor is faced with amaterial departure from GAAPthat is pervasive, which of thefollowing should the audit reportcontain?a.b.C.d.A disclaimer ofopinion.A qualified opinionwith an explanatoryparagraph.An adverse opinion.An unqualifiedopinion.

Lets understand the basics. Audit is an examination of books of account in order to form opinion on…

Answered: When an auditor is faced with a…

When an auditor is faced with a material departure from GAAP that is pervasive, which of the following should the audit report contain?

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter15: Audit Reports On Financial Statements

Section: Chapter Questions

Problem 41RSCQ

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Question

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When an auditor is faced with a
material departure from GAAP
that is pervasive, which of the
following should the audit report
contain?
a.
b.
C.
d.
A disclaimer of
opinion.
A qualified opinion
with an explanatory
paragraph.
An adverse opinion.
An unqualified
opinion.

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