Whenever an auditor adds an emphasis of matter section to an unmodified audit report, the implication is that the auditor:
A) does not believe the report is presented fairly.
B) does not know if the report is presented fairly.
C) is satisfied that the report is presented fairly.
D) is satisfied that the report is presented fairly 'except for' a specific aspect of it.

Question

Quizplus · Accepted Answer

An emphasis of matter section is added to highlight a matter that is fundamental to users' understanding of the financial statements, but it does not affect the auditor's opinion that the financial statements are presented fairly.

Whenever an Auditor Adds an Emphasis of Matter Section to an Unmodified