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Meaning for terms under SA 200

Auditing

Sir.... What is the difference between Appropriate opinion and Relevant opinion?

Girinath A

CA Inter

★ 765

04-Apr-21 09:19

365

Answers (2)

1. If the auditor obtained sufficient appropriate audit evidence i.e. reasonable evidence in order to give his opinion on financial statements, that opinion is called "Appropriate Opinion" 2. Appropriateness is the measure of quality of the audit evidence i.e. relevance. Relevance is the logical connection to the audit procedures and assertions. Hence we have to conclude that, there will be appropriate opinion only and relevance will be the part of that appropriate opinion. If the auditor failed to obtain sufficient and appropriate audit evidence, then it is called "Inappropriate Opinion"