If the auditor is unable to draw reasonable assurance, he should either withdraw from engagement if permitted by law or disclaim his opinion, is given in which Standard on Auditing.

Related MCQs

• A systematic and independent examination of data ,statements,records,operations,and performance(financial or otherwise) for a stated purpose. In any auditing situation,the auditor perceives and recognizes the propositions before him for examination,collects evidence,evaluates the same and on the basis formulates his judgement which is,communicated through his audit report.” This definition is given by
• An appointed auditor may be removed from his office either in accordance with the provisions and as per restrictions imposed by the
• Compliance with standard of Auditing is the responsibility of
• Forming an opinion on the financial statements the auditor‟s report shall be in
• Under technique of Auditing,Documents which have their origin in the hands of the third party and held by them is
• Auditing refers to
• Main object of auditing is
• Auditing is luxury for a
• The term auditing was associated with
• The scope of auditing is