What are the types of audit report opinions


Assignment

i. What are the types of audit report opinions? When should an auditor issue each report?

ii. What is the importance of Auditor's Risk Assessment process? Detail your answer.

iii. What is the difference between substantive analytical procedures and test of details? Detail your answer.

iv. Discuss how does internal control assessment affects audit risk model?

Format your assignment according to the following formatting requirements:

i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

ii) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

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