Guest ChristianJWK Posted October 6, 2009 Posted October 6, 2009 I have performed a limited scope audit based on the reliance of a SAS 70 certification. I thought we were to issue a qualified opinion based on inability to apply audit procedures. Or do we issue a disclaimer of opinion? I'm having trouble deciphering the rules. Any clarification would be greatly appreciated. Thanks!
PensionPro Posted October 6, 2009 Posted October 6, 2009 A disclaimer of opinion is issued when a limited scope audit is performed. A qualified opinion is issued when certain issues are not in full conformity with GAAP or OCBOA. PensionPro, CPC, TGPC
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