An opinion based in part on the report of another auditor requires an explanatory/emphasis-of-matter paragraph be added to the standard unqualified audit report.

Question

Quizplus · Accepted Answer

An opinion based in part on the report of another auditor does not automatically require an explanatory/emphasis-of-matter paragraph in the standard unqualified audit report. Instead, reference to the work of the other auditor may be made in the auditor's responsibility section, without necessitating an emphasis-of-matter paragraph.

An Opinion Based in Part on the Report of Another