An emphasis-of-matter paragraph ordinarily:
A) Relates to a report with a modified opinion.
B) Follows the opinion paragraph.
C) May either precede or follow the opinion paragraph.
D) Is only included in an audit report with an adverse opinion.

Question

Quizplus · Accepted Answer

An emphasis-of-matter paragraph is included in the auditor's report to draw attention to a matter that is fundamental to users' understanding of the financial statements. It ordinarily follows the opinion paragraph.

An Emphasis-Of-Matter Paragraph Ordinarily