Question: R15.1: Why does the standard unmodified report on the financial statements of a private company contain paragraphs outlining (1) managements responsibility for the financial statements

R15.1: Why does the standard unmodified report on the financial statements of a private company contain paragraphs outlining (1) managements responsibility for the financial statements and (2) the auditors responsibility for the financial statements? What is contained in these paragraphs ?

R15.2: What is the significance of the date on the auditors report on the financial statements?

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