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ASA 705 - Modifications to the Opinion in the Independent Auditor's Report - December 2015
ObjectiveObjective
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Objective
- The objective of the auditor is to express clearly an appropriately modified opinion on the financial report that is necessary when:
- The auditor concludes, based on the audit evidence obtained, that the financial report as a whole is not free from material misstatement; or
- The auditor is unable to obtain sufficient appropriate audit evidence to conclude that the financial report as a whole is free from material misstatement.