question archive a) “Audit provides reasonable assurance not guarantee”
a) “Audit provides reasonable assurance not guarantee”
Subject:AccountingPrice: Bought3
a) “Audit provides reasonable assurance not guarantee”. Explain this statement.
b) What is the purpose of opinion paragraph? Identify the most important information included in the opinion
paragraph.
c) If client adds an additional company in financial statement, does that require an explanatory paragraph in
the audit report?
d) What type of opinion should an auditor issue when the financial statements are not in accordance with
IFRS because such adherence would result in misleading statements?
