An auditor will issue a disclaimer when he concludes that the financial statements are not fairly presented.

Name: An auditor will issue a disclaimer when he concludes that the financial statements are not fairly presented.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

A disclaimer of opinion is issued when the auditor is unable to obtain sufficient appropriate audit evidence to form an opinion on the financial statements, not when they conclude that the statements are not fairly presented.

An Auditor Will Issue a Disclaimer When He Concludes That