Audit report

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May 7, 2015 at 3:13 pm #244614
pinkyjovin123
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Sir,

In the audit report if the matter is material but not pervasive.It is a qualified opinion.It should be except for.Does it mean that financial statements are true and fair.

Pinky
May 7, 2015 at 6:50 pm #244677
Ken Garrett
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The report will say that except for….. the FS give a true and fair view.

The FS are therefore not completely T&F but the problem is isolated.
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