08171922 - Level I Training Book.pdf

8/10/22

Types of Audit Opinions • Unmodified (a clean bill) • Qualified (with some reservation) • Adverse (financials are not presented in accordance with GAAP) • Disclaimer (unable to form an opinion)

• Going Concern or Other Significant Emphasis Notations

11

Example of an Opinion

12

6

Made with FlippingBook - Online catalogs