Please don't copy the answers from the book solutions, I need an answer to a,b,c,d,e,f,g and h.
thanks
Homework Answers
| a | The report should begin with “CPA’s Report” at the top. | Disagree | It Must include the term Independent |
| b | The report is ordinarily addressed “to whom it may concern.” | Disagree | It is addressed to the company, audit committee or the board of directors |
| c | The report indicates that management isresponsible for the preparation of the financial statements. | Agree | |
| d | The report indicates that the auditor’s responsibility is to obtain particular assurance about whether the financial statements are free of material misstatements. | Disagree | Reasonable assurance need to be obtained |
| e | The report ordinarily concludes on whether the financial statements are in conformity with generally accepted auditing standards. | Disagree | It should be with accepted accounting principles |
| f | The report indicates that the audit procedures selected depend on the auditor’s judgment. | Agree | |
| g | The report indicates that the audit evidence obtained is sufficient and appropriate to provide a basis for the audit opinion. | Agree | |
| h | The report indicates that the auditor considers and provides an opinion on internal control. | Disagree | Internal control is considered but no opinion is provided |
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Please don't copy the answers from the book solutions, I need an
answer to a,b,c,d,e,f,g and...
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