When an auditor expects to modify the opinion of an audit report,the auditor should
A)communicate with those charged with governance the circumstances that led to the modification and the proposed wording of the modification
B)date and issue the report as of the end of field work
C)advise management that a modified report will be issued due to certain circumstances
D)increase substantive testing to substantiate the modified opinion

Question

Quizplus · Accepted Answer

When an auditor expects to modify the opinion of an audit report, the auditor should communicate with those charged with governance the circumstances that led to the modification and the proposed wording of the modification. This is because those charged with governance have the responsibility to oversee the financial reporting process and are the ones who need to be informed about any modifications to the audit report. The other options are not relevant in this situation.

When an Auditor Expects to Modify the Opinion of an Audit