SA 705 | MODIFIED OPINION AND ITS DIFFERENT TYPES | CA & CMA AUDITING | AUDIT REPORT | CA Mahamood

This is Mahamood Shaik, a qualified Chartered accountant and Cost Accountant. I teach the subject of auditing for CA and CMA students. In this video, I will explain the SA 705. This Standard talks about different kinds of modified opinion along with practical application.
Important chapters for CA Inter Auditing & Assurance subject: • CA INTER AUDITING PREP...
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[@beingismailshk]

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[@unknownreddy9399]

hi sir very thankful for obtaining this information from you

[@johnjohn-uv1de]

Sir, what if auditor finds that methods of depreciation used by thr client company were wrong, the effect of which is not material/ material, kindly explain in both the cases?

[@camahamoodshaik6711]

If the misstatement is not material - give unmodified opinion.

[@camahamoodshaik6711]

If it is material - give modified opinion (qualified/adverse depending on pervasiveness)

[@johnjohn-uv1de]

@@camahamoodshaik6711 Thanks sir!!

[@politiciansivagirishreddy143]

Good

[@pavanikoppuravuri2164]

Sir,can you provide us some preparation strategies for cainter

[@rohitbethala8999]

Hi sir

[@camahamoodshaik6711]

🖐