MODIFIED AUDIT OPINION VS MODIFIED AUDIT

By mafa-admin / December 1, 2022

The Auditor’s Report is the auditor’s primary means of communication with an entity’s stakeholders-as such, it has to be meaningful and have value for them. More than ever before, users of audited financial statements are calling for more pertinent information to facilitate their decision-making in today’s global business environment.

With increasingly volatility and changes in the economy and in the aftermath of the COVID 19 pandemic, auditors may need to consider issuing a Modified Audit Opinion or a Modified Audit Report.

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