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Audit Report

This topic has 2 replies, 2 voices, and was last updated 3 years ago by iyamu.

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August 15, 2019 at 4:57 pm #527733
iyamu
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Sir, is it a risk that an auditor give appropriate option? because according to Kaplan it’s says one purpose of planning an audit is to reduce the risk of giving an appropriate opinion to an acceptable level.

I taught it’s not a risk when as auditor I give appropriate opinion eg , qualified/disclaimer and adversed .

Also, sir I had 43% in last exams bcos I didn’t remember to last section . In given audit risk can I give ONLY one audit response to a corresponding audit risk? Will that be enough?

Thanks a lot in advance .
August 15, 2019 at 7:03 pm #527740
Kim Smith
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The word should be INAPPROPRIATE, meaning giving a clean opinion when it should be modified (or vice versa).
Yes one response per risk is enough.
August 16, 2019 at 1:10 pm #527802
iyamu
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Thank you sir.
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