State whether the following are true or false
Emphasis of matter reports are not a modification of opinion but merely draw attention to some disclosure in the financial statements
Negative assurance is given in all non audit engagements
Failure of auditors to obtain sufficient, appropriate evidence will result in an adverse audit opinion
Compilation assignments require no audit opinion at all

Question

Quizplus · Accepted Answer

The Answer of State whether the following are true or false
Emphasis of matter reports are not a modification of opinion but merely draw attention to some disclosure in the financial statements
Negative assurance is given in all non audit engagements
Failure of auditors to obtain sufficient, appropriate evidence will result in an adverse audit opinion
Compilation assignments require no audit opinion at all

State Whether the Following Are True or False