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Resources: Issuing Audit Reports
simulation located on the Week Five Materials page
Complete the simulation.
Prepare a 500-word response to
the following questions:
·
What are the different types of audit reports and when should each be used?
·
In what types of situations would an auditor be allowed to issue an unqualified
audit report?
To what extent is the auditor
liable for misstatements in the financial statements of the audited company?
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