[Anonymous]

I have a quick question as I am approach my first attempt at audit..

If you are an issuer/nonissuer and doing an audit on ICs, you are not allowed to issue a qualified opinion. easy. However, if you are an ISSUER and doing and integrated audit, meaning you have to do two separate opinions, is the qualified opinion on IC allowed here?

I am also unsure of what would limit scope under a nonissuer’s ICs, while doing an normal audit. Would a material weakness mean that there is a scope limitation and thus have you disclaim an opinion over the financial statements?