Qualified audit report

Shashi Kiran (CA Final) (60 Points)

07 May 2013  

Hi...

In case of audit report, is it mandatory to end a qualified report with the opinion paragraph..? As per SA 706, emphasis para should be included after opinion para. So the audit report ends with emphasis matter paragraph and not the opinion para. Is it ok, or is there any requirement that the report should end with opinion para only???