The client changed method of depreciation from straight line to written down value method. This has been disclosed as a note to the financial statements. It has an immaterial effect on the current financial statements. It is expected, however, that the change will have a significant effect on future periods. Which of the following option should the auditor express?
AUnqualified opinion
BAdverse opinion
CDisclaimer of opinion
DQualified opinion
Correct answer
A. Unqualified opinion
Explanation
Unqualified opinion is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.