When the entity fails to include information that is necessary for the fair presentation of financial statements in the body of the statements or in the related footnotes, it is the responsibility of the auditor to present the information, if practicable, in the auditor's report and express a(n)
A) Qualified opinion or a disclaimer of opinion.
B) Qualified opinion or an adverse opinion.
C) Adverse opinion or a disclaimer of opinion.
D) Qualified opinion or an unqualified opinion.

Question

Quizplus · Accepted Answer

When necessary information is omitted, the auditor should express a qualified or adverse opinion, depending on the materiality and pervasiveness of the omission.

When the Entity Fails to Include Information That Is Necessary