Audit Opinion

3 Types of Modified Audit Opinion: Definition | Example | Explanation

Audit Opinion

Definition: Modified opinions are the types of audit opinions that issue to entity’s financial statements when auditors found that those statements are not prepared and present fairly in all material respect in accordance with the accounting framework that they are using. There are three sub audit opinions belong to Modified Opinion. The level of modification […]

3 Types of Modified Audit Opinion: Definition | Example | Explanation Read More »

Auditor’s Opinion: 4 Types of Audit Opinion, Definition, And Explanation

Audit Opinion

Definition: The audit opinion is the statement expressed by independent auditors to their client’s financial statements as the result of the auditors’ examination. The audit opinion is very important for stakeholders because it lets them know whether or not the information in the financial statements they are using is correct. They can use that information

Auditor’s Opinion: 4 Types of Audit Opinion, Definition, And Explanation Read More »