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Topic
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Becker Question –
Which of the following is true?
When an auditor includes a paragraph after the opinion paragraph emphasizing a significant related party transaction, the opinion would be considered a qualified opinion.
b.
The auditor may issue an unmodified opinion when a material departure from GAAP exists.
c.
If an auditor believes there is substantial doubt about an entity’s ability to continue as a going concern, and management has properly disclosed the situation, the auditor may not issue an unmodified opinion.
d.
When a material accounting change has been properly accounted for and disclosed, the auditor may not issue an unmodified opinion.
Why choice c is not correct,since the auditor can disclaim an opinion.
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