What would a user of financial statements learn from reading the auditors' report?
A)Whether the financial statements present a fair picture of the company's financial results and are prepared in accordance with GAAP.
B)Whether or not it is a good time to purchase the stock.
C)How much the company plans to distribute as dividends.
D)Whether or not the company has plans for future expansion.

Question

Quizplus · Accepted Answer

Auditors report whether,beyond reasonable doubt,the financial statements represent what they claim to represent and whether they comply with GAAP.The auditors' report does not include recommendations about stock purchases.The company's dividend policy and future plans are not part of the auditors' report.

What Would a User of Financial Statements Learn from Reading