An Unqualified Audit Report with an Emphasis of Matter Should

question 67

True/False

An unqualified audit report with an emphasis of matter should be issued if a subsequent
event has occurred that has resulted in a new audit report being prepared on a revised financial
statement.

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Definitions:

Social

Relating to society or its organization, or the interactions among individuals within a community.

Communal

Pertaining to or shared by members of a community or group.

Altruistic

The quality of unselfishly caring for the welfare of others, often at a personal cost.

Mutual

Pertaining to a shared feeling, relationship, or responsibility between two or more parties.