Who has the exclusive authority to issue audit opinions?

Question

Quizplus · Accepted Answer

Only certified public accountants (CPAs) have the exclusive authority to issue audit opinions, as they have the required professional expertise and knowledge of auditing standards and procedures. Tax specialists, management consultants, and entrepreneurs may have knowledge and expertise in their respective fields, but they do not have the necessary qualifications to issue audit opinions.

Who Has the Exclusive Authority to Issue Audit Opinions