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Aug 6th, 2022

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How to Modify Menu Compliance Audit Report

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[Music] whats up what it fans dr. Amanda white here with our video in the standards explained series on a si is a 705 modifications to the opinion so remember in our unqualified opinion our unqualified situation is were giving clients the big tick all right so what were saying when we give the unmodified unqualified opinion is that everything is true and fair free from material misstatements following the accounting standards where as what were saying here in a modified opinion somethings wrong it could be a disagreement with management inability to get evidence but were saying were signaling that there is an issue so were going to look at the different circumstances about when we modify and then the type of audit reports and how they are put together of course as always Australia is fully harmonized internationally and is AAS a 705 are the same thing there are some extra requirements due to our Corporations Act but nothing seriously onerous so lets start with the scope of th

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