When the auditor is unable to determine the amounts associated with the illegal acts of entity personnel because of an inability to obtain adequate evidence, the auditor should issue a(n):
A)"subject to" qualified opinion.
B)disclaimer of opinion.
C)adverse opinion.
D)unqualified opinion with a separate explanatory/emphasis-of-matter paragraph.

Question

Quizplus · Accepted Answer

When the auditor is unable to obtain sufficient evidence to determine the amounts associated with illegal acts of entity personnel, a disclaimer of opinion is appropriate. This is because the auditor is unable to obtain reasonable assurance about the financial statements as a whole, and is not able to express an opinion on the financial statements.

When the Auditor Is Unable to Determine the Amounts Associated