[Julia]

I have contradictory notes: If Required Supplementary Info (RSI) is not provided or departs from GAAP what goes on report?
1. Include disclaimer of opinion in “other matter para” OR
2. Unmodified opinion with a explanatory para ???

Is the answer different for each of these situations:
1. RSI omitted
2. RSI departure from GAAP
3. Unresolved doubts about the info provided on RSI

[famh110]

I will give this a go based on my notes. For all the situations mentioned (1-3), the auditor will add an other-matter paragraph while disclaiming the opinion.

Only time you would give an unmodified opinion with a explanatory paragraph is when the auditor is auditing Other Supplementary Information and management refuses to present it in the financial stmts. Since Other Suppl. info is not required, you can get by with issuing unmodified with explanatory paragraph. I did this question a few hours ago in NINJA! 🙂

[Julia]

I think I was confusing “other” with “required”

[Author]

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