BMC Associates says Replied on 23rd May,2026 12:03 PM
Disclaimer of opinion under SA 705 means the auditor is unable to obtain sufficient and appropriate audit evidence to form an opinion on the financial statements, and the possible effects of undetected misstatements could be both material and pervasive. In such cases, the auditor does not express any opinion on the financial statements. This concept is important for chartered accountant firms in Gurgaon, chartered accountant Gurgaon professionals, CA firms in Gurgaon, and CA in Gurgaon dealing with audit and assurance engagements.
FAQ (Frequently Asked Questions) Regarding Test Series
Q-1 Do we have to write the tests on the same day of the schedule? Q-2 Chapters mentioned in the test schedule are as per which book?
BMC Associates says Replied on 23rd May,2026 12:03 PM
Disclaimer of opinion under SA 705 means the auditor is unable to obtain sufficient and appropriate audit evidence to form an opinion on the financial statements, and the possible effects of undetected misstatements could be both material and pervasive. In such cases, the auditor does not express any opinion on the financial statements. This concept is important for chartered accountant firms in Gurgaon, chartered accountant Gurgaon professionals, CA firms in Gurgaon, and CA in Gurgaon dealing with audit and assurance engagements.
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