The aim of the seminar is to present and explain to participants practical illustrations of examples of audit opinions on the following areas:

1) Unmodified opinion but emphasis of matter: a) Going concern, b) Financial statements audited by another auditor

2) Qualified opinion: a) Disagreement of accounting policy (method or disclosure) b) Inability to obtain sufficient and appropriate audit evidence c) Inadequate disclosure: going concern

3) Disclaimer of opinion: inability to obtain sufficient audit evidence

4) Adverse opinion: a) Disagreement on accounting policy and Going concern. It will provide all necessary knowledge and tips in identifying the appropriate opinion to be issued in each case.

The objective of this seminar, is to provide an overview of the recent revisions in the International Standards in Auditing, relevant to the external auditor’s report in the areas of : ISA 700 (Revised); Forming an Opinion and Reporting on Financial Statements; ISA 701 Communicating Key ; Audit Matters in the Independent Auditor’s Report; ISA 705 (Revised) ; Modifications to the Opinion in the Independent Auditor’s Report; ISA 706 (Revised); Emphasis of Matter Paragraphs and Other Matters and Paragraphs in the Independent Auditor’s.

Accountants and auditors employed in accountancy and audit firms who are involved in the preparation and review of audit engagements of various size and complexity.