Unformatted text preview: auditor will not say there is or is not GAAP compliance) Unqualified Qualified (Except for in opinion and scope paragraph and explanatory paragraph added before the opinion paragraph) Disclaimer Audit Lacks Independence Materiality is not a consideration if the SEC says the audit firm is not independent. Disclaimer Is always given...
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This note was uploaded on 10/28/2009 for the course ACG 3141 taught by Professor Graybeal during the Spring '08 term at University of Central Florida.
- Spring '08
- Financial Accounting