A disclaimer of opinion is a corporate auditing exemption that effectively prohibits an auditor from accessing a high-priority portion of the company's financial records.

Question

Quizplus · Accepted Answer

A disclaimer of opinion is not a corporate auditing exemption. It is a type of audit opinion that indicates the auditor could not form an opinion on the financial statements due to lack of sufficient evidence. It does not specifically prohibit an auditor from accessing certain financial records.

A Disclaimer of Opinion Is a Corporate Auditing Exemption That