All of the following phrases would be found in the standard unmodified audit report for a private

Question:

All of the following phrases would be found in the standard unmodified audit report for a private company except:

a. In our opinion, the financial statements referred to above are correct, in all material respects.

b. Management is responsible for the preparation and fair presentation of the financial statements.

c. Standards require that we plan and perform the audit to obtain reasonable assurance.

d. We believe the audit evidence we have obtained is sufficient and appropriate.

Audit Report
The audit report is issued by a certified public accountant who is appointed by the shareholders to provide assurance upon the truth and fairness of the financial statements prepared by the managers of the company. Audit report contains the... Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...

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