Which of the following would cause the auditors to issue a report on the entity's financial statements other than a standard report?
A) The financial statements present fairly the financial condition of the entity.
B) The entity omitted a necessary footnote from the financial statements.
C) There were no unusual issues related to the conduct of the audit.
D) The auditors do not need to highlight any entity transactions or events.

Question

Quizplus · Accepted Answer

The omission of a necessary footnote would result in a qualification or an adverse opinion in the auditor's report, rather than a standard unqualified opinion. The other options do not indicate any issues that would lead to a non-standard report.

Which of the Following Would Cause the Auditors to Issue