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hello there
i wanted to ask that does the auditor’s opinion modify in relation to other information ..other information (extract )
our opinion on the fin statements does not cover the other information and we do not express any form of assurance conclusion thereon.
–then in the text ,it goes on saying the misstatement should be aggregated with the uncorroected mistatemnets ,then auditor considers if fin statements are materially misstated ,if the misstatements are material then the auditor must consider the effect on the auditors report .it is possible that the auditor will express a modified opinion in respect of this matter .
the start of the topic says :
auditors have no responsibility to report that other information is properly stated because an audit is only an expression of opinion on the truth and faitrnes of the fin st
please clear this ..i m quite confused with this ,i find it contradictory
There’s nothing in that long paragraph above to suggest that the misstatement is a misstatement of other information
So why / how are you confused?
yeah ,,i did few qs in kit regarding reports ,was clear with other info stuff..
thank you for all responses .
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