About this document

Basis for Qualified Opinion Example by ann is a document available to read on EtoBox.

The auditor issued a qualified opinion on the financial statements of Semirara Mining Corporation. There was an understatement of liabilities of 49 million pesos due to a discrepancy between exploration costs incurred and cash outflows. Additionally, a transfer of 517 million pesos of property, plant, and equipment was disclosed by value only without explanation of its nature. The auditor qualified the opinion except for the effects of these matters. An emphasis of matter was also included regarding an 83 m

Author

ann

Language

EN