In ISA new auditors report format, a statement that the audit was done in accordance with ISA is given in which section?

a. Opinion Paragraph

b. Basis for Opinion

c. Auditors responsibility

d. Responsibilities for the Financial Statements

ISA 700 (Revised) introduces some new sections in the New Auditors Report as compared to the old Standard Auditors Report. These include the following, except:

a. Going concern

b. Auditors responsibility for the audit of the financial statements

c. Name of the engagement partner

d. Key audit matters

If analytical procedures performed in accordance with ISA identify fluctuations or relationships that are inconsistent with other relevant information or that differ from expected values by a significant amount, the auditor shall investigate such differences by:

I. Inquiring of management and obtaining appropriate audit evidence relevant to managements responses;

II. Performing other audit procedures as necessary in the circumstances.

a. Both I and II

b. I only

c. II only

d. Neither I nor II