Published on October 20, 2015
For more course tutorials visit www.acc492.com Issuing Audit Reports Simulation. Complete the simulation “Issuing Audit Reports” located on the Materials page. After completing the simulation, prepare a 350-word response to following questions: a) What are the different types of audit reports and when should each be used? b) In what types of situations would an auditor be allowed to issue an unqualified audit report? c) To what extent is the auditor liable for misstatements in the financial statements of the audited company?