issuance of a written report. Required: a. What is the purpose of the. auditors' opinion and report? b. What are the major sections in the auditors' report on the examination of an issuer? What are the major contents of each of these sections? c. What are the four types of opinions that auditors can issue? d .How does the concept of materiality influence the auditors' report?

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter15: Audit Reports For Financial Statement Audits
Section: Chapter Questions
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The reporting principle requires auditors to express their opinion through the
issuance of a written report. Required: a. What is the purpose of the. auditors'
opinion and report? b. What are the major sections in the auditors' report on the
examination of an issuer? What are the major contents of each of these sections? c.
What are the four types of opinions that auditors can issue? d . How does the
concept of materiality influence the auditors' report?
Transcribed Image Text:The reporting principle requires auditors to express their opinion through the issuance of a written report. Required: a. What is the purpose of the. auditors' opinion and report? b. What are the major sections in the auditors' report on the examination of an issuer? What are the major contents of each of these sections? c. What are the four types of opinions that auditors can issue? d . How does the concept of materiality influence the auditors' report?
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