Refusal of certification of accounts


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Hello everyone;

I ask myself a question which may be obvious: in case of refusal to certify the accounts of a subsidiary by the auditor, there is necessarily refusal to certify the consolidated accounts?
Spontaneously I will answer yes but impossible to be on so far.
Thank you all in advance and good day
 
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kirby

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In the US, the auditor could issue a "qualified" opinion and state why the opinion was not "unqualified" (without qualification)
 
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Hello everyone;

I ask myself a question which may be obvious: in case of refusal to certify the accounts of a subsidiary by the auditor, there is necessarily refusal to certify the consolidated accounts?
Spontaneously I will answer yes but impossible to be on so far.
Thank you all in advance and good day
Yes, just as Kirby stated, the auditor could issue a
"qualified" opinion and state why the
opinion was not "unqualified" especially if it a Materialize reason.
 

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