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Audit report

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Audit report

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by Ken Garrett.
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  • October 7, 2015 at 2:42 pm #275420
    6shahir
    Member
    • Topics: 202
    • Replies: 296
    • ☆☆☆

    What do u mean by an auditor qualifying a report, its like the audit do not support?

    October 7, 2015 at 7:51 pm #275463
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10597
    • ☆☆☆☆☆

    A qualified opinion means that the auditor thinks there is something wrong with the FS (a material misstatement) or that the auditor has not been able to obtain sufficient appropriate audit evidence to support some figures.

    This is all explained in the lectures on this site.

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