Question

When financial statements are presented in comparative form and another firm audited the prior- years’ financial statements (but the other firm’s report is not presented with the financial statements), the auditors’ report on the current- year financial statements should
a. Disclaim an opinion on the prior- years’ financial statements.
b. Not refer to the prior- years’ financial statements.
c. Refer to any procedures performed by the current auditor to verify the opinion on the prior- years’ financial statements.
d. Refer to the report and type of opinion issued by the other firm on the prior- years’ financial statements.



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  • CreatedOctober 27, 2014
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