Which of the following is not included in the standard (unmodified) report on the financial statements? a.

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Which of the following is not included in the standard (unmodified) report on the financial statements?
a. An identification of the financial statements that were audited.
b. A general description of an audit.
c. An opinion that the financial statements present financial position in accordance with GAAP.
d. An emphasis- of- matter paragraph commenting on the effect of economic conditions on the entity.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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