The following can be said about an emphasis of matter:
A)it cannot be used when expressing audit opinion that has pervasive misstatements.
B)it is only used in unqualified audit opinions.
C)it is included when the auditors opinion has changed and the auditor wants to bring the users' attention to a particular matter.
D)it is included when the auditor's opinion has not changed and the auditor wants to bring the users' attention to a particular matter.

Question

Quizplus · Accepted Answer

An emphasis of matter is included when the auditor's opinion has not changed but there is a need to draw attention to a matter presented or disclosed in the financial statements that is of such importance that it is fundamental to users' understanding of the financial statements.

The Following Can Be Said About an Emphasis of Matter