Question: In performing a financial statement audit in accordance with Government Auditing Standards, an auditor is required to report on the entitys compliance with laws and
In performing a financial statement audit in accordance with Government Auditing Standards, an auditor is required to report on the entity’s compliance with laws and regulations. This report should
a. State that compliance with laws and regulations is the responsibility of the entity’s management.
b. Describe the laws and regulations that the entity must comply with.
c. Provide an opinion on overall compliance with laws and regulations.
d. Indicate that the auditor does not possess legal skills and cannot make legal judgments.
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