Question: 3-21 (Objective 3-9) The ISAs allow an auditor to include either of the following phrases in the auditors opinion paragraph: (1) The financial statements present

3-21 (Objective 3-9) The ISAs allow an auditor to include either of the following phrases in the auditors opinion paragraph: (1) The financial statements present fairly in all material respects . . . or (2) The financial statements give a true and fair view of . . .. Discuss whether the ASB should adopt a similar option for U.S. audit standards

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