Can someone please explain the meaning of 'inappropriate opinion' under audit risk?
Is there difference between inappropriate and qualified/adverse opinion?
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Audit Risk
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inappropriate opinion mean opinion that could have been different if there is no audit risk...like in simple words, auditor may give unmodified opinion while in actuality , they should have issued modified opinion.... adverse or qualified or disclaimer opinion are just types of opinion but inappropriate opinion mean forming one type of opinion due to risk which could have been different type of opinion had there been no risk.
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