SlideShare a Scribd company logo
Independent auditors must provide dual opinions. What are these two opinions and what is the
difference in them?
Solution
Dual opinion is the opinion on the effectiveness and effective working of internal controls
adopted by the firm to avoid accounting manipulations . Firm adopt internal controls to present
financial statements at very best fair and transparent manner. So to avoid any deceit and
manipulation activities to hide any or miss any issue , internal controls are adopted . Auditors
also check the effectiveness of these controls and provide their opinion at the time of auditing the
financial statements

More Related Content

More from arorasales234

i am trying to get this library file income.js using this, to be loa.pdf
i am trying to get this library file income.js using this, to be loa.pdfi am trying to get this library file income.js using this, to be loa.pdf
i am trying to get this library file income.js using this, to be loa.pdf
arorasales234
 
Explain why it can be problematic to base morality and ethics only o.pdf
Explain why it can be problematic to base morality and ethics only o.pdfExplain why it can be problematic to base morality and ethics only o.pdf
Explain why it can be problematic to base morality and ethics only o.pdf
arorasales234
 
Discuss the reasons why the Human Microbiome Project is a step forwa.pdf
Discuss the reasons why the Human Microbiome Project is a step forwa.pdfDiscuss the reasons why the Human Microbiome Project is a step forwa.pdf
Discuss the reasons why the Human Microbiome Project is a step forwa.pdf
arorasales234
 
Describe what is happening in Italy (or you may substitute Argentina.pdf
Describe what is happening in Italy (or you may substitute Argentina.pdfDescribe what is happening in Italy (or you may substitute Argentina.pdf
Describe what is happening in Italy (or you may substitute Argentina.pdf
arorasales234
 
Consider an extension of the queue abstract data type, called a .pdf
Consider an extension of the queue abstract data type, called a .pdfConsider an extension of the queue abstract data type, called a .pdf
Consider an extension of the queue abstract data type, called a .pdf
arorasales234
 
Cordia Corporation is planning a 15 year project with an initial inv.pdf
Cordia Corporation is planning a 15 year project with an initial inv.pdfCordia Corporation is planning a 15 year project with an initial inv.pdf
Cordia Corporation is planning a 15 year project with an initial inv.pdf
arorasales234
 
Case study on Queensland Health Payroll Debacle & Queensland Governm.pdf
Case study on Queensland Health Payroll Debacle & Queensland Governm.pdfCase study on Queensland Health Payroll Debacle & Queensland Governm.pdf
Case study on Queensland Health Payroll Debacle & Queensland Governm.pdf
arorasales234
 
Can you give an example of a binary heap programCan you give an .pdf
Can you give an example of a binary heap programCan you give an .pdfCan you give an example of a binary heap programCan you give an .pdf
Can you give an example of a binary heap programCan you give an .pdf
arorasales234
 
All businesses, small or large, depend on data centers. Answer the f.pdf
All businesses, small or large, depend on data centers. Answer the f.pdfAll businesses, small or large, depend on data centers. Answer the f.pdf
All businesses, small or large, depend on data centers. Answer the f.pdf
arorasales234
 
A) The linearity condition is not satisfied. B) The linearity cond.pdf
A) The linearity condition is not satisfied. B) The linearity cond.pdfA) The linearity condition is not satisfied. B) The linearity cond.pdf
A) The linearity condition is not satisfied. B) The linearity cond.pdf
arorasales234
 
4. Records of the missions of Baja California in the form of baptism.pdf
4. Records of the missions of Baja California in the form of baptism.pdf4. Records of the missions of Baja California in the form of baptism.pdf
4. Records of the missions of Baja California in the form of baptism.pdf
arorasales234
 
4. Cafazzo et al. studied a group of stray dogs in Rome, and ranked t.pdf
4. Cafazzo et al. studied a group of stray dogs in Rome, and ranked t.pdf4. Cafazzo et al. studied a group of stray dogs in Rome, and ranked t.pdf
4. Cafazzo et al. studied a group of stray dogs in Rome, and ranked t.pdf
arorasales234
 
You are required to implement all the classes as specified by UML di.pdf
You are required to implement all the classes as specified by UML di.pdfYou are required to implement all the classes as specified by UML di.pdf
You are required to implement all the classes as specified by UML di.pdf
arorasales234
 
Which phyla have phloem sieve elements Bryophyta Monilophyta Coni.pdf
Which phyla have phloem sieve elements  Bryophyta  Monilophyta  Coni.pdfWhich phyla have phloem sieve elements  Bryophyta  Monilophyta  Coni.pdf
Which phyla have phloem sieve elements Bryophyta Monilophyta Coni.pdf
arorasales234
 
Where do hydrogen bonds occur in the DNA structure and how does hydr.pdf
Where do hydrogen bonds occur in the DNA structure and how does hydr.pdfWhere do hydrogen bonds occur in the DNA structure and how does hydr.pdf
Where do hydrogen bonds occur in the DNA structure and how does hydr.pdf
arorasales234
 
What is the concept of spoiled identity as it relates to disability.pdf
What is the concept of spoiled identity as it relates to disability.pdfWhat is the concept of spoiled identity as it relates to disability.pdf
What is the concept of spoiled identity as it relates to disability.pdf
arorasales234
 
111. Twenty-one executives in a large corporation were randomly selec.pdf
111. Twenty-one executives in a large corporation were randomly selec.pdf111. Twenty-one executives in a large corporation were randomly selec.pdf
111. Twenty-one executives in a large corporation were randomly selec.pdf
arorasales234
 
What causes concrete to be hard (change from a fluid state into a ha.pdf
What causes concrete to be hard (change from a fluid state into a ha.pdfWhat causes concrete to be hard (change from a fluid state into a ha.pdf
What causes concrete to be hard (change from a fluid state into a ha.pdf
arorasales234
 
What are parametric and nonparametric inferential testsName and d.pdf
What are parametric and nonparametric inferential testsName and d.pdfWhat are parametric and nonparametric inferential testsName and d.pdf
What are parametric and nonparametric inferential testsName and d.pdf
arorasales234
 
Two terrestrial ecosystems based on photosynthesis and and chemolith.pdf
Two terrestrial ecosystems based on photosynthesis and and chemolith.pdfTwo terrestrial ecosystems based on photosynthesis and and chemolith.pdf
Two terrestrial ecosystems based on photosynthesis and and chemolith.pdf
arorasales234
 

More from arorasales234 (20)

i am trying to get this library file income.js using this, to be loa.pdf
i am trying to get this library file income.js using this, to be loa.pdfi am trying to get this library file income.js using this, to be loa.pdf
i am trying to get this library file income.js using this, to be loa.pdf
 
Explain why it can be problematic to base morality and ethics only o.pdf
Explain why it can be problematic to base morality and ethics only o.pdfExplain why it can be problematic to base morality and ethics only o.pdf
Explain why it can be problematic to base morality and ethics only o.pdf
 
Discuss the reasons why the Human Microbiome Project is a step forwa.pdf
Discuss the reasons why the Human Microbiome Project is a step forwa.pdfDiscuss the reasons why the Human Microbiome Project is a step forwa.pdf
Discuss the reasons why the Human Microbiome Project is a step forwa.pdf
 
Describe what is happening in Italy (or you may substitute Argentina.pdf
Describe what is happening in Italy (or you may substitute Argentina.pdfDescribe what is happening in Italy (or you may substitute Argentina.pdf
Describe what is happening in Italy (or you may substitute Argentina.pdf
 
Consider an extension of the queue abstract data type, called a .pdf
Consider an extension of the queue abstract data type, called a .pdfConsider an extension of the queue abstract data type, called a .pdf
Consider an extension of the queue abstract data type, called a .pdf
 
Cordia Corporation is planning a 15 year project with an initial inv.pdf
Cordia Corporation is planning a 15 year project with an initial inv.pdfCordia Corporation is planning a 15 year project with an initial inv.pdf
Cordia Corporation is planning a 15 year project with an initial inv.pdf
 
Case study on Queensland Health Payroll Debacle & Queensland Governm.pdf
Case study on Queensland Health Payroll Debacle & Queensland Governm.pdfCase study on Queensland Health Payroll Debacle & Queensland Governm.pdf
Case study on Queensland Health Payroll Debacle & Queensland Governm.pdf
 
Can you give an example of a binary heap programCan you give an .pdf
Can you give an example of a binary heap programCan you give an .pdfCan you give an example of a binary heap programCan you give an .pdf
Can you give an example of a binary heap programCan you give an .pdf
 
All businesses, small or large, depend on data centers. Answer the f.pdf
All businesses, small or large, depend on data centers. Answer the f.pdfAll businesses, small or large, depend on data centers. Answer the f.pdf
All businesses, small or large, depend on data centers. Answer the f.pdf
 
A) The linearity condition is not satisfied. B) The linearity cond.pdf
A) The linearity condition is not satisfied. B) The linearity cond.pdfA) The linearity condition is not satisfied. B) The linearity cond.pdf
A) The linearity condition is not satisfied. B) The linearity cond.pdf
 
4. Records of the missions of Baja California in the form of baptism.pdf
4. Records of the missions of Baja California in the form of baptism.pdf4. Records of the missions of Baja California in the form of baptism.pdf
4. Records of the missions of Baja California in the form of baptism.pdf
 
4. Cafazzo et al. studied a group of stray dogs in Rome, and ranked t.pdf
4. Cafazzo et al. studied a group of stray dogs in Rome, and ranked t.pdf4. Cafazzo et al. studied a group of stray dogs in Rome, and ranked t.pdf
4. Cafazzo et al. studied a group of stray dogs in Rome, and ranked t.pdf
 
You are required to implement all the classes as specified by UML di.pdf
You are required to implement all the classes as specified by UML di.pdfYou are required to implement all the classes as specified by UML di.pdf
You are required to implement all the classes as specified by UML di.pdf
 
Which phyla have phloem sieve elements Bryophyta Monilophyta Coni.pdf
Which phyla have phloem sieve elements  Bryophyta  Monilophyta  Coni.pdfWhich phyla have phloem sieve elements  Bryophyta  Monilophyta  Coni.pdf
Which phyla have phloem sieve elements Bryophyta Monilophyta Coni.pdf
 
Where do hydrogen bonds occur in the DNA structure and how does hydr.pdf
Where do hydrogen bonds occur in the DNA structure and how does hydr.pdfWhere do hydrogen bonds occur in the DNA structure and how does hydr.pdf
Where do hydrogen bonds occur in the DNA structure and how does hydr.pdf
 
What is the concept of spoiled identity as it relates to disability.pdf
What is the concept of spoiled identity as it relates to disability.pdfWhat is the concept of spoiled identity as it relates to disability.pdf
What is the concept of spoiled identity as it relates to disability.pdf
 
111. Twenty-one executives in a large corporation were randomly selec.pdf
111. Twenty-one executives in a large corporation were randomly selec.pdf111. Twenty-one executives in a large corporation were randomly selec.pdf
111. Twenty-one executives in a large corporation were randomly selec.pdf
 
What causes concrete to be hard (change from a fluid state into a ha.pdf
What causes concrete to be hard (change from a fluid state into a ha.pdfWhat causes concrete to be hard (change from a fluid state into a ha.pdf
What causes concrete to be hard (change from a fluid state into a ha.pdf
 
What are parametric and nonparametric inferential testsName and d.pdf
What are parametric and nonparametric inferential testsName and d.pdfWhat are parametric and nonparametric inferential testsName and d.pdf
What are parametric and nonparametric inferential testsName and d.pdf
 
Two terrestrial ecosystems based on photosynthesis and and chemolith.pdf
Two terrestrial ecosystems based on photosynthesis and and chemolith.pdfTwo terrestrial ecosystems based on photosynthesis and and chemolith.pdf
Two terrestrial ecosystems based on photosynthesis and and chemolith.pdf
 

Recently uploaded

Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
TechSoup
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
Peter Windle
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
Balvir Singh
 
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBCSTRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
kimdan468
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
Thiyagu K
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
EverAndrsGuerraGuerr
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
Tamralipta Mahavidyalaya
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
vaibhavrinwa19
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
tarandeep35
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
Jisc
 
Embracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic ImperativeEmbracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic Imperative
Peter Windle
 
The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
Vivekanand Anglo Vedic Academy
 
Multithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race conditionMultithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race condition
Mohammed Sikander
 
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdfUnit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Thiyagu K
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
timhan337
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
Nguyen Thanh Tu Collection
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
Scholarhat
 

Recently uploaded (20)

Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
 
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBCSTRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
 
Embracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic ImperativeEmbracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic Imperative
 
The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
 
Multithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race conditionMultithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race condition
 
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdfUnit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdf
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
 

Independent auditors must provide dual opinions. What are these two .pdf

  • 1. Independent auditors must provide dual opinions. What are these two opinions and what is the difference in them? Solution Dual opinion is the opinion on the effectiveness and effective working of internal controls adopted by the firm to avoid accounting manipulations . Firm adopt internal controls to present financial statements at very best fair and transparent manner. So to avoid any deceit and manipulation activities to hide any or miss any issue , internal controls are adopted . Auditors also check the effectiveness of these controls and provide their opinion at the time of auditing the financial statements