1. when a predecessor auditor has examined the prior Year's financial statements presented in comparative form the current Auditors report should
a. make no reference to the predecessor Auditor's report
b. reference the predecessor Auditors report in the introductory paragraph Auditor's responsibility section and opinion paragraph
c. reference the predecessor of Auditor's report in an other matter paragraph
d. disclaim an opinion on the prior Year's financial statements

2. when a previously expressed opinion is updated from qualified to unmodified the auditor's report on comparative financial statements should
a. not modify the previously expressed opinion or refer to fax affecting the opinion on the prior Year's financial statements
b. update the opinion expressed on the prior Year's financial statements but provide no explanation for the updated opinion
c. not modify the previously expressed opinion but include a reference to the footnote describing the factors affecting the opinion on the prior Year's financial statements
d. update the previously expressed opinion and explain the reasons for the change including a reference to the foot describing the change

Answer rating: 100% (QA)

Answer 1 The correct option is B Explanation reference the predecessor Auditors report in the intr... View the full answer