Question: Why do audit reports contain paragraphs outlining (1) management's responsibility for the financial statements and (2) the auditor's responsibility for the financial statements? What is

Why do audit reports contain paragraphs outlining (1) management's responsibility for the financial statements and (2) the auditor's responsibility for the financial statements? What is contained in these paragraphs?

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CAS 700 Forming an Opinion and Reporting on Financial Statements requires the auditor to prepare an ... View full answer

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