When the auditors are unable to comply with generally accepted auditing standards, they should issue an opinion that is unmodified, but include an additional emphasis-of-matter paragraph in the report.

Question

Quizplus · Accepted Answer

When auditors are unable to comply with generally accepted auditing standards, they cannot issue an unmodified opinion. Instead, they must either issue a qualified opinion, an adverse opinion, or a disclaimer of opinion. An emphasis-of-matter paragraph may be added to any of these types of opinions to draw attention to specific matters disclosed in the financial statements.

When the Auditors Are Unable to Comply with Generally Accepted