The unqualified opinion audit report for public entities includes the following three paragraphs:
A)introductory,scope and management's responsibility.
B)materiality,scope and report.
C)introductory,scope and opinion.
D)scope,fieldwork and conclusion.

Question

Quizplus · Accepted Answer

The unqualified opinion audit report for public entities includes an introductory paragraph that introduces the report and identifies the entity being audited, a scope paragraph that describes the objectives of the audit and the work performed to achieve those objectives, and an opinion paragraph that presents the auditor's opinion on the financial statements of the entity. This format is reflected in option C, which includes an introductory paragraph, a scope paragraph, and an opinion paragraph. Options A, B, and D do not accurately reflect the standard format for an unqualified opinion audit report for public entities.

The Unqualified Opinion Audit Report for Public Entities Includes the Following