Which of the following paragraphs is placed after the opinion paragraph in the standard unmodified report,...
Which of the following paragraphs is placed after the opinion paragraph in the standard unmodified report, when applicable?
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A. Emphasis-of-matter paragraph |
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B. Scope paragraph |
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C. Opinion paragraph |
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D. Auditor’s responsibility paragraph |
Homework Answers
Option A is correct.
Under the framework of the International Standards on Auditing (ISA), the emphasis of matter paragraph is placed after the opinion paragraph in the auditor's report.
An emphasis of matter paragraph indicates that the auditor's opinion is not modified with respect to the matter emphasized.
Scope paragraph is the first and basically the introductory paragraph, therefore it cannot be placed after the opinion paragraph.
Auditor's responsibility paragraph is paragraph with which auditing starts. Therefore this also cannot be placed after opinion paragraph.
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