ACCA Advanced Audit and Assurance (AAA) The Audit Report 3: Types of Audit Report

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1. fergalfavier says

   November 28, 2020 at 1:07 pm

   Hi, in the situation where there is a Qualified Audit opinion issued as a result of a non pervasive material misstatement, why would it have gone this far, would the auditor not have asked the management to correct this error in the accounts and issue a clean, unmodified report. If the management had refused to restate the error, should we issue an adverse audit opinion instead of a qualified one?

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   • Kim Smith says

     November 28, 2020 at 5:03 pm

     See response against your post in the ask the tutor forum – please don’t make multiple posts (the forum is the correct place if you want an answer rather than just leave a comment).

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