When There Is a Material Inconsistency Between the Financial Report

question 56

Multiple Choice

When there is a material inconsistency between the financial report and other information in the annual report, and the client refuses to change the information, the auditor should:

• A) do nothing as the audit opinion is confined to the financial report.
• B) include an emphasis of matter section in the audit report.
• C) advise ASIC and the ASX.
• D) issue a qualified opinion.