If the predecessor's report was issued before the effective date of this section and contained an uncertainties explanatory paragraph, a successor auditor's report issued or reissued after the effective date hereof should not make reference to the predecessor's previously required explanatory paragraph.
Under which of the following set of circumstances might an auditor disclaim an opinion?
Restrictions on the scope of the audit, whether imposed by the client or by circumstances, such as the timing of his or her work, the inability to obtain sufficient appropriate evidential matter, or an inadequacy in the accounting records, may require the auditor to qualify his or her opinion or to disclaim an opinion.
Which one of the following circumstances may cause a disclaimer audit opinion on a client?
An auditor expresses a disclaimer of opinion when he is unable to obtain sufficient and appropriate audit evidence. Another reason is that he considers that the undetected misstatements could be both material and pervasive.
In which of the following situations would a disclaimer of opinion not be appropriate?
Under which of the following circumstances would a disclaimer of opinion not be appropriate? The auditor is unable to determine the amounts associated with an employee fraud scheme. Management does not provide reasonable justification for a change in accounting principles.
Under which of the following circumstances would a disclaimer of opinion on the entities financial statements not be appropriate?
Under which of the following circumstances would a disclaimer of opinion on the entity's financial statements not be appropriate? The financial statements fail to contain adequate disclosure of related-party transactions.