An affirmative statement that subject matter conforms to the suitable criteria and is free from meaningful misunderstanding
B.
A statement that the assessment didn’t observe anything that makes us doubt whether subject matter conforms to the suitable criteria and is free from meaningful misunderstanding.
C.
A statement that the assessment encountered some limitations in what can be concluded and outside of those limitations a positive or negative statement can be offered.
A QUALIFIED assurance opinion or statement indicates that the assessment encountered some limitations, and outside of those limitations, a positive or negative statement can be offered. This type of opinion acknowledges that there are constraints that affected the scope or completeness of the assessment, but within the areas that could be reviewed, the assurance provider can still offer a conclusion. It is a way to communicate the assurance provider's findings while being transparent about any limitations that were encountered.References:
IIA Standards for the Professional Practice of Internal Auditing
AICPA Auditing Standards
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