Green,CPA,was engaged to audit the financial statements of Essex Co.after its fiscal year had ended.The timing of Green's appointment and the start of field work made confirmation of accounts receivable by direct communication with the customers not feasible.However,Green applied other procedures and was satisfied as to the reasonableness of the account balances.Green's auditors' report most likely contained a(n)
A)Unmodified opinion.
B)Unmodified opinion with an emphasis-of-matter paragraph.
C)Qualified opinion due to a scope limitation.
D)Qualified opinion due to a departure from generally accepted auditing standards.

Question

Quizplus · Accepted Answer

The question states that Green was unable to directly confirm accounts receivable, but was still satisfied with the reasonableness of the balances through other procedures. This does not qualify as a scope limitation or departure from generally accepted auditing standards, and thus an unmodified opinion would be appropriate.

Green,CPA,was Engaged to Audit the Financial Statements of Essex Co