Auditing and Assurance – Week 4 Midterm
Midterm
Please write a four to five page paper regarding the four types of audit opinion:
1. Unqualified Opinion
2. Qualified Opinion
3. Adverse Opinion
4. Disclaimer Opinion. Include the following:
• Describe the scenarios under which each of these audit opinions
• How do investors react to these different audit opinions?
o Provide examples of real organizations for each of these opinions
• What are the consequences or benefits an organization may encounter as a result of each of these opinions
o Provide examples of real organizations for each of these opinions
Please provide at least five outside resources used to write the paper. These sources should cited using the APA formatting guidelines including in-text citations provided throughout the paper where information is taken from these resources. View your assignment rubric.
