hard20 pts · first answer countsaudit-reporting

Last year’s qualification still unresolved

Last year’s audit opinion was qualified for a misstatement that is still uncorrected and affects both the current figures and the comparatives. How is the current year report affected under SA 710 / ISA 710?

A.The current report is unmodified, since last year’s report already covered itB.Only an other matter paragraph is neededC.The auditor must resignD.The current opinion is modified, referring to both the current period figures and the corresponding figures

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Last year’s qualification still unresolved

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