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AUD Prep

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Question:

What are the three alternative audit reports that can be issued if an 'Unmodified' opinion is not given

Author: Monique Tyler



Answer:

1. Unmodified audit report that includes an “emphasis-of-matter” paragraph 2. Unmodified audit report that includes an “other-matter” paragraph 3. Modified audit reports: a. modified b. adverse c. disclaimer of opinion


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