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Unformatted text preview: immaterial, known auditor, planned work or highly supervised, affiliated with prinicipal, other auditor hired by principal B. shared responsibility -> unqualified with modified wording clearly indicate the division of responsibility in the introductory paragraph (assets or percentages, sub audited) all three paragraphs are modified don’t refer to the name of the other audit firm unless they grant permission and their report is also presented material, impractical to review, not to be seen as negative C. no responsibility taken -> qualified or disclaimer ] D. assessment of other auditor and situation (%) 1. independent 2. professionally reputation 3. quality of other auditor’s work...
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- Fall '08
- External auditor, Auditor's report, principal auditor wish