Interpret auditors opinion it is impossible for an auditor


Interpret auditors' opinion It is impossible for an auditor to "guarantee" that a company's financial statements are free of all error because the cost to the company to achieve absolute accuracy (even if that were possible) and the cost of the auditor's verification would be prohibitively expensive. How does the auditors' opinion recognize this absence of absolute accuracy?

Solution Preview :

Prepared by a verified Expert
Financial Accounting: Interpret auditors opinion it is impossible for an auditor
Reference No:- TGS01184486

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)