Which of the following would not be found in the introductory paragraph of the standard audit report?
A) a reference to generally accepted auditing standards.
B) a list of specific financial statements audited.
C) a statement that the financial statements are the responsibility of management.
D) a statement that the auditor's responsibility is to express an opinion, based on the audit.
E) a reference to the entity audited.

Question

Quizplus · Accepted Answer

A reference to generally accepted auditing standards is typically found in the auditor's responsibilities section or in a separate section discussing the basis of the audit opinion, not in the introductory paragraph. The introductory paragraph usually includes the entity audited, the specific financial statements audited, a statement about management's responsibility for the financial statements, and the auditor's responsibility to express an opinion on the financial statements.

Which of the Following Would Not Be Found in the Introductory