Question: 24. When other information is presented in a document with audited financial statements, the auditors' report should A. be expanded to express an opinion that

24.

When other information is presented in a document with audited financial statements, the auditors' report should

A. be expanded to express an opinion that the other information is consistent with the financial statements and not materially misstated.

B. provide limited assurance as to whether the other information is presented in accordance with generally accepted accounting principles.

C. reference the other information only if inconsistencies or material misstatements are identified between this information and the financial statements.

D. state that the auditor read the other information for inconsistencies and misstatements with the financial statements and identified no discrepancies.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!