Homework Answers
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- The report must begin with "CPA's Report" at the top. : D
- The report is ordinarily addressed "to whom it may concern. D
- The report indicates that management is responsible for the preparation of the financial statements. A
- The report indicates that the auditor's responsibility is to obtain particular assurance about whether the financial statements are free of material misstatements. D
- The report ordinarily concludes on whether the financial statements are in conformity with generally accepted auditing standards. D
- The report indicates that the audit procedures selected depend on the auditor's judgment. A
- The report indicates that the audit evidence obtained is sufficient and appropriate to provide a basis for the audit opinion. A
- The report indicates that the auditors consider and provide an opinion on compliance with major law and regulation. D
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