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Issue Disclaimers on Financial Statements

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A disclaimer of an audit opinion states that an auditor does not express an opinion on the financial statements. A disclaimer of opinion is rendered when the auditor has not performed an audit sufficient in scope to form an opinion. Discuss the circumstances that might lead an auditor to issue a disclaimer on financial statements.

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A disclaimer of an audit opinion states that an auditor does not express an opinion on the financial statements. A disclaimer of opinion is rendered when the auditor has not performed an audit sufficient in scope to form an opinion. Discuss the circumstances that might lead an auditor to issue a disclaimer on financial ...

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