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Dear Sir,
My question is , if an auditor five a unqualified option with Material uncertainty related to Going Concern paragraph then we can say open is unmodified but report is modified due to going concern paragraph ?
If , I reword my question then it will be as if a going concern paragraph in audit report then report will become modified audit report yes or not ?
Yes. The opinion is unmodified but the report has been modified.
I prefer to try to reserve the word ‘modified’ to the opinion paragraph. If a MURGC paragraph or Emphasis of Matter pararaph is present I prefer to say that these paragraphs are added to the audit report or must be included jn the report to avoid using modified in that context.
(Note. The word is ‘opinion’ not ‘option’.)
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