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ASA 705 - Modifications to the Opinion in the Independent Auditor's Report - December 2015
Circumstances When a Modification to theCircumstances When a Modification to the Auditor’s Opinion is Required
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Circumstances When a Modification to the Auditor’s Opinion is Required
- The auditor shall modify the opinion in the auditor’s report when:
- The auditor concludes that, based on the audit evidence obtained, the financial report as a whole is not free from material misstatement; or (Ref: Para. A2–A7)
- The auditor is unable to obtain sufficient appropriate audit evidence to conclude that the financial report as a whole is free from material misstatement. (Ref: Para. A8–Aus A12.1)