Problem

Using I (introductory), S (scope), O (opinion), A (additional), or N (none), indicate the...

Using I (introductory), S (scope), O (opinion), A (additional), or N (none), indicate the paragraph in which the following statements or topics would be included in the auditors’ report.

____ 1. The titles of the financial statements examined by the auditors.

____ 2. A description of any scope limitation(s) encountered during the audit.

____ 3. A statement that auditors were independent with respect to the entity.

____ 4. The auditors’ conclusion with respect to the fairness of the entity’s financial statements.

____ 5. A statement that an audit was conducted in accordance with standards of the PCAOB.

____ 6. A statement that the entity’s management is responsible for the fairness of the financial statements.

____ 7. A description of an audit, which includes examining evidence in support of the financial statements.

____ 8. Reference to generally accepted accounting principles.

____ 9. A description of any specific departures from GAAP noted during the audit that were material.

____ 10. A statement that the financial statements were consistently prepared compared to those of prior period(s).

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