- This topic has 1 reply, 2 voices, and was last updated 12 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Please help me wit his topic. what confuses me here is that at times i fail to understand what is meant by modify, qualify. do these too mean the same?
Confusion arises because ‘modify’ is used in two ways: a modified report and a modified opinion.
A modified report can refer to any modification to the basic report and could refer to the inclusion of an emphasis of matter paragraph. However, that would not be a qualification. However, the term ‘modified opinion’ does mean that the audit pinion has been modified and is therefore a qualification.
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.