AAA Completion and the auditor's report

A misstatement is material but not pervasive. The auditor should issue:

• 1 A disclaimer of opinion
• 2 An adverse opinion
• 3 An unmodified opinion
• 4 A qualified opinion, 'except for'

A misstatement is material and pervasive. The auditor should issue:

• 1 A qualified opinion
• 2 An adverse opinion
• 3 A disclaimer of opinion
• 4 An unmodified opinion

A limit on scope that is material and pervasive leads to:

• 1 A disclaimer of opinion
• 2 An adverse opinion
• 3 A qualified opinion
• 4 An emphasis of matter paragraph

A material uncertainty over going concern is adequately disclosed in the financial statements. The audit report should include:

• 1 An adverse opinion
• 2 A disclaimer
• 3 A qualified opinion
• 4 An unmodified opinion with a separate section on material uncertainty related to going concern

Key audit matters are communicated in the auditor's report for:

• 1 Listed entities
• 2 Only small companies
• 3 Only public sector bodies
• 4 All entities

An emphasis of matter paragraph is used to:

• 1 Qualify the opinion
• 2 Draw attention to a matter that is fundamental to users' understanding and is appropriately disclosed
• 3 Report an error
• 4 Disclaim the opinion

Events that occur after the date of the auditor's report but before the financial statements are issued:

• 1 Are ignored
• 2 Are the responsibility of the regulator
• 3 Are not the auditor's responsibility to look for, but must be dealt with if the auditor becomes aware
• 4 Must always be audited