Auditor obligation to state reasons for unfavourable, qualified, or withheld opinions ensures transparent audit reporting. Auditor reports must state reasons whenever an answer is unfavourable or qualified by setting out the basis for such responses; if the auditor cannot express any opinion on a specified matter, the report must record that inability and explain why an opinion cannot be given.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Auditor obligation to state reasons for unfavourable, qualified, or withheld opinions ensures transparent audit reporting.
Auditor reports must state reasons whenever an answer is unfavourable or qualified by setting out the basis for such responses; if the auditor cannot express any opinion on a specified matter, the report must record that inability and explain why an opinion cannot be given.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.