Question: When an audit client includes pro-forma financial information in its SEC filing: The auditor must perform a separate audit of the pro-forma information. The auditor

  • When an audit client includes pro-forma financial information in its SEC filing:
    1. The auditor must perform a separate audit of the pro-forma information.
    2. The auditor is required to review the pro-forma information to see if it is inconsistent with the financial statements.
    3. The auditor may be engaged by an underwriter to provide a comfort letter on the pro-forma information.
    4. 1 and 2 only.
    5. 2 and 3 only.

Group of answer choices

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5

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