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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › difference between modified opnion and qualified opinion?
help me plz~what’s the two difference?
A modified opinion and qualified opinion mean the same. Confusion arises between the terms ‘modified report’ and ‘modified opinion’. The audit report is more than the opinion (which is only one paragraph). A report can be modified (perhaps saying it is ‘changed’ would be better) in two ways:
1 An emphasis of matter para is included. This is not a qualification and does not modify the opinion,
2 The opinion is modified/qualified.
@ antido
I would refer you please read the technical article bye Simon Finley published in Student Accountant in 09/2010 ” A matter of Opinion” for more knowledge !
@cuteleo110 said:
@ antido
I would refer you please read the technical article bye Simon Finley published in Student Accountant in 09/2010 ” A matter of Opinion” for more knowledge !
Could you please post the link ?
