An auditor was unable to obtain sufficient appropriate audit evidence concerning certain transactions due to an inadequacy in the entity's accounting records. The auditor would choose between issuing a(an):

Question

Quizplus · Accepted Answer

Choice "D" is correct. Client-imposed restrictions of scope such as those caused by inadequate records would cause the auditor to choose between issuing a disclaimer of opinion and a qualified opinion. Choice "A" is incorrect. An unqualified opinion would only be justified if the transactions in question were not material, but in such situations, no explanatory paragraph would be required. Choices "B" and "C" are incorrect. An adverse opinion pertains to GAAP and would not be used for reporting restrictions of scope.

An Auditor Was Unable to Obtain Sufficient Appropriate Audit Evidence