The matter being emphasised on in the "Emphasis Matter" paragraph does not result in a modification of the audit opinion. Question 6Answer True False

The statement you provided discusses the impact of a certain "Emphasis Matter" paragraph in an audit report. According to auditing standards, an “Emphasis of Matter” paragraph is provided to highlight a matter that is important to the users’ understanding of the financial statements, but it does not modify the auditor's opinion on the financial statements themselves.

Analysis

1. Understanding Audit Opinions: An auditor can express a clear opinion (unmodified) or a modified opinion (qualified, adverse, or disclaimer) based on the findings during the audit.
2. Emphasis of Matter: This paragraph is included when the auditor believes there is a significant issue that should be brought to the attention of users, but it does not affect the overall opinion on the financial statements.

Based on this understanding, the correct answer to your question is:

Final Answer

True