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  3. a financial statement auditor believes that the cl

A financial statement auditor believes that the client has adequately disclosed a matter in its...

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Accounting

A financial statement auditor believes that the client has adequately disclosed a matter in its financial statements. However, the auditor wishes to draw attention to the issue in an emphasis of matter paragraph. Placing the paragraph in the audit report

Group of answer choices

Is acceptable if the auditor modifies the opinion and places the paragraph before the opinion paragraph.

Should never be done because it could render the report misleading.

Is appropriate under professional standards.

Should be done only if the matter is not material.

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