The choice of which audit report to issue depends on the nature and the materiality of the condition giving rise to the departure.

Question

Quizplus · Accepted Answer

The choice of the audit report depends on the nature and materiality of the condition giving rise to the departure. Factors such as the significance of the departure and its impact on the overall financial statements will also need to be considered by the auditor before determining the appropriate type of audit report to issue.

The Choice of Which Audit Report to Issue Depends on the Nature