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1. ma’am is it possible for auditor’s report to be modified, but audit opinion is unmodified?
Like insertion of Material uncertainty related to Going concern paragraph makes the audit report modified, but if the disclosure is appropriately presented in the FSs then audit opinion will be unmodified.
so is this scenario possible?
2. And could you also confirm that auditor’s report is modified when any one of the following are inserted- Material uncertainty related to Going concern paragraph/ Emphasis of Matter Paragraph/ Other matter paragraph
1. Yes this scenario is possible
2. there is no such thing (now) as a “modified/unmodified REPORT” – this term is technically obsolete since the revision of the reporting standards – see here for clarification https://opentuition.com/topic/unqualified-and-unmodified-opinion
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