Identify the four major sections of the auditors’ standard (unmodified) report and the major contents of each section.
Answer to relevant QuestionsWhat are the major differences in the auditors’ report for nonpublic and public entities?When a scope limitation exists, how would the standard (unmodified) report be modified to express (a) A qualified opinion and (b) A disclaimer of opinion?What is the auditors’ reporting responsibility for (a) Other information accompanying the audited financial statements and (b) Required supplementary information?Which of the following is not a difference in the audit examinations and reports for public and nonpublic entities? a. Audit examinations for nonpublic entities are based on user demand but based on legislative requirements ...If the auditors decide to present separate reports on the entity’s financial statements and internal control over financial reporting, which of the following should be modified to refer to the otherreport?
Post your question