The auditor’s report as modified by the Clarity Project. Organization, contents and types of report. Unmodified, Modified, and Adverse opinions, Supplementary information, Other Matter and Emphasis of a Matter Paragraphs. Consideration of step up and step down in services, restriction of reports, and going concern issues. Considerations for Special Purpose Frameworks, including cash basis, tax basis and other accounting frameworks.
Objectives:
Upon completion of this course participants should be able to prepare the auditor’s report in accordance to the AICPA Professional Standards, includingthose adopted as a result of the Clarity Project.