The following four situations require a modification to the standard unqualified audit report for public companies. Identify the modification required for each.
a. Opinion based in part on the report of another auditor.
b. Going concern.
c. Lack of comparability.
d. Emphasize a matter.

Question

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The Answer of The following four situations require a modification to the standard unqualified audit report for public companies. Identify the modification required for each.
a. Opinion based in part on the report of another auditor.
b. Going concern.
c. Lack of comparability.
d. Emphasize a matter.

The Following Four Situations Require a Modification to the Standard