diff --git a/docs/release-notes.md b/docs/release-notes.md
index 23f0fdab..8bf5c77f 100644
--- a/docs/release-notes.md
+++ b/docs/release-notes.md
@@ -19,6 +19,7 @@ These changes have not been released yet.
   * Added `Context.IsGameLaunched` field.
   * Mods are now loaded much earlier in the game launch. This lets mods intercept any content asset, but the game is not fully initialised when `Entry` is called (use the `GameLaunched` event if you need to run code when the game is initialised).
   * `this.Monitor.Log` now defaults to the `Trace` log level instead of `Debug`.
+  * When a mod is incompatible, the trace logs now list all detected issues instead of the first one.
   * Dropped support for all deprecated APIs.
   * Updated to Json.NET 12.0.1.
 
diff --git a/src/SMAPI/Framework/ModLoading/AssemblyLoader.cs b/src/SMAPI/Framework/ModLoading/AssemblyLoader.cs
index 878b3148..ca171ae1 100644
--- a/src/SMAPI/Framework/ModLoading/AssemblyLoader.cs
+++ b/src/SMAPI/Framework/ModLoading/AssemblyLoader.cs
@@ -105,7 +105,7 @@ namespace StardewModdingAPI.Framework.ModLoading
                     continue;
 
                 // rewrite assembly
-                bool changed = this.RewriteAssembly(mod, assembly.Definition, assumeCompatible, loggedMessages, logPrefix: "      ");
+                bool changed = this.RewriteAssembly(mod, assembly.Definition, loggedMessages, logPrefix: "      ");
 
                 // detect broken assembly reference
                 foreach (AssemblyNameReference reference in assembly.Definition.MainModule.AssemblyReferences)
@@ -114,7 +114,7 @@ namespace StardewModdingAPI.Framework.ModLoading
                     {
                         this.Monitor.LogOnce(loggedMessages, $"      Broken code in {assembly.File.Name}: reference to missing assembly '{reference.FullName}'.");
                         if (!assumeCompatible)
-                            throw new IncompatibleInstructionException($"assembly reference to {reference.FullName}", $"Found a reference to missing assembly '{reference.FullName}' while loading assembly {assembly.File.Name}.");
+                            throw new IncompatibleInstructionException($"Found a reference to missing assembly '{reference.FullName}' while loading assembly {assembly.File.Name}.");
                         mod.SetWarning(ModWarning.BrokenCodeLoaded);
                         break;
                     }
@@ -143,6 +143,10 @@ namespace StardewModdingAPI.Framework.ModLoading
                 this.AssemblyDefinitionResolver.Add(assembly.Definition);
             }
 
+            // throw if incompatibilities detected
+            if (!assumeCompatible && mod.Warnings.HasFlag(ModWarning.BrokenCodeLoaded))
+                throw new IncompatibleInstructionException();
+
             // last assembly loaded is the root
             return lastAssembly;
         }
@@ -244,12 +248,11 @@ namespace StardewModdingAPI.Framework.ModLoading
         /// <summary>Rewrite the types referenced by an assembly.</summary>
         /// <param name="mod">The mod for which the assembly is being loaded.</param>
         /// <param name="assembly">The assembly to rewrite.</param>
-        /// <param name="assumeCompatible">Assume the mod is compatible, even if incompatible code is detected.</param>
         /// <param name="loggedMessages">The messages that have already been logged for this mod.</param>
         /// <param name="logPrefix">A string to prefix to log messages.</param>
         /// <returns>Returns whether the assembly was modified.</returns>
         /// <exception cref="IncompatibleInstructionException">An incompatible CIL instruction was found while rewriting the assembly.</exception>
-        private bool RewriteAssembly(IModMetadata mod, AssemblyDefinition assembly, bool assumeCompatible, HashSet<string> loggedMessages, string logPrefix)
+        private bool RewriteAssembly(IModMetadata mod, AssemblyDefinition assembly, HashSet<string> loggedMessages, string logPrefix)
         {
             ModuleDefinition module = assembly.MainModule;
             string filename = $"{assembly.Name.Name}.dll";
@@ -288,7 +291,7 @@ namespace StardewModdingAPI.Framework.ModLoading
                 foreach (IInstructionHandler handler in handlers)
                 {
                     InstructionHandleResult result = handler.Handle(module, method, this.AssemblyMap, platformChanged);
-                    this.ProcessInstructionHandleResult(mod, handler, result, loggedMessages, logPrefix, assumeCompatible, filename);
+                    this.ProcessInstructionHandleResult(mod, handler, result, loggedMessages, logPrefix, filename);
                     if (result == InstructionHandleResult.Rewritten)
                         anyRewritten = true;
                 }
@@ -303,7 +306,7 @@ namespace StardewModdingAPI.Framework.ModLoading
                     {
                         Instruction instruction = instructions[offset];
                         InstructionHandleResult result = handler.Handle(module, cil, instruction, this.AssemblyMap, platformChanged);
-                        this.ProcessInstructionHandleResult(mod, handler, result, loggedMessages, logPrefix, assumeCompatible, filename);
+                        this.ProcessInstructionHandleResult(mod, handler, result, loggedMessages, logPrefix, filename);
                         if (result == InstructionHandleResult.Rewritten)
                             anyRewritten = true;
                     }
@@ -318,10 +321,9 @@ namespace StardewModdingAPI.Framework.ModLoading
         /// <param name="handler">The instruction handler.</param>
         /// <param name="result">The result returned by the handler.</param>
         /// <param name="loggedMessages">The messages already logged for the current mod.</param>
-        /// <param name="assumeCompatible">Assume the mod is compatible, even if incompatible code is detected.</param>
         /// <param name="logPrefix">A string to prefix to log messages.</param>
         /// <param name="filename">The assembly filename for log messages.</param>
-        private void ProcessInstructionHandleResult(IModMetadata mod, IInstructionHandler handler, InstructionHandleResult result, HashSet<string> loggedMessages, string logPrefix, bool assumeCompatible, string filename)
+        private void ProcessInstructionHandleResult(IModMetadata mod, IInstructionHandler handler, InstructionHandleResult result, HashSet<string> loggedMessages, string logPrefix, string filename)
         {
             switch (result)
             {
@@ -331,8 +333,6 @@ namespace StardewModdingAPI.Framework.ModLoading
 
                 case InstructionHandleResult.NotCompatible:
                     this.Monitor.LogOnce(loggedMessages, $"{logPrefix}Broken code in {filename}: {handler.NounPhrase}.");
-                    if (!assumeCompatible)
-                        throw new IncompatibleInstructionException(handler.NounPhrase, $"Found an incompatible CIL instruction ({handler.NounPhrase}) while loading assembly {filename}.");
                     mod.SetWarning(ModWarning.BrokenCodeLoaded);
                     break;
 
diff --git a/src/SMAPI/Framework/ModLoading/Finders/ReferenceToMemberWithUnexpectedTypeFinder.cs b/src/SMAPI/Framework/ModLoading/Finders/ReferenceToMemberWithUnexpectedTypeFinder.cs
index 82c4920a..459e3210 100644
--- a/src/SMAPI/Framework/ModLoading/Finders/ReferenceToMemberWithUnexpectedTypeFinder.cs
+++ b/src/SMAPI/Framework/ModLoading/Finders/ReferenceToMemberWithUnexpectedTypeFinder.cs
@@ -80,10 +80,7 @@ namespace StardewModdingAPI.Framework.ModLoading.Finders
                 // compare return types
                 MethodDefinition methodDef = methodReference.Resolve();
                 if (methodDef == null)
-                {
-                    this.NounPhrase = $"reference to {methodReference.DeclaringType.FullName}.{methodReference.Name} (no such method)";
-                    return InstructionHandleResult.NotCompatible;
-                }
+                    return InstructionHandleResult.None; // validated by ReferenceToMissingMemberFinder
 
                 if (candidateMethods.All(method => !RewriteHelper.LooksLikeSameType(method.ReturnType, methodDef.ReturnType)))
                 {
diff --git a/src/SMAPI/Framework/ModLoading/IncompatibleInstructionException.cs b/src/SMAPI/Framework/ModLoading/IncompatibleInstructionException.cs
index 17ec24b1..1f9add30 100644
--- a/src/SMAPI/Framework/ModLoading/IncompatibleInstructionException.cs
+++ b/src/SMAPI/Framework/ModLoading/IncompatibleInstructionException.cs
@@ -5,31 +5,16 @@ namespace StardewModdingAPI.Framework.ModLoading
     /// <summary>An exception raised when an incompatible instruction is found while loading a mod assembly.</summary>
     internal class IncompatibleInstructionException : Exception
     {
-        /*********
-        ** Accessors
-        *********/
-        /// <summary>A brief noun phrase which describes the incompatible instruction that was found.</summary>
-        public string NounPhrase { get; }
-
-
         /*********
         ** Public methods
         *********/
         /// <summary>Construct an instance.</summary>
-        /// <param name="nounPhrase">A brief noun phrase which describes the incompatible instruction that was found.</param>
-        public IncompatibleInstructionException(string nounPhrase)
-            : base($"Found an incompatible CIL instruction ({nounPhrase}).")
-        {
-            this.NounPhrase = nounPhrase;
-        }
+        public IncompatibleInstructionException()
+            : base("Found incompatible CIL instructions.") { }
 
         /// <summary>Construct an instance.</summary>
-        /// <param name="nounPhrase">A brief noun phrase which describes the incompatible instruction that was found.</param>
         /// <param name="message">A message which describes the error.</param>
-        public IncompatibleInstructionException(string nounPhrase, string message)
-            : base(message)
-        {
-            this.NounPhrase = nounPhrase;
-        }
+        public IncompatibleInstructionException(string message)
+            : base(message) { }
     }
 }