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The auditor was unable to obtain confirmations from four of the client’s major customers that were...

The auditor was unable to obtain confirmations from four of the client’s major customers that were included in the sample .The auditor was able to satisfy himself about the balances of these accounts using other audit procedures. Indicate the type of opinion that should be expressed in each of the following situations, providing reasons for your choice .

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Answer #1

Option-1

In my opinion the auditor in this case may either give clean opinion and without shall mention the facts of the case without qualifying its opinion or report.

Option-2

Auditor may give Emphasis of Matter Para mentioning this fact and can give such modified audit report.

Disclaimer: This answer is given in Indian Audit Scenario

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