Because of the potential for misinterpretation, the auditor should not state in the report that no reportable conditions were noted.

Question

Quizplus · Accepted Answer

Stating that no reportable conditions were noted could lead to misinterpretation by the reader that the audit was comprehensive in all areas, potentially overlooking or missing some areas of risk or concern. It could give an unwarranted assurance.

Because of the Potential for Misinterpretation, the Auditor Should Not