Which of the following are changes that affect the comparability of financial statements but not the consistency and therefore, do not have to be included in the auditor's report?
A) error corrections not involving principles
B) changes in accounting estimates
C) variations in the format and presentation of financial information
D) all of the above

Question

Quizplus · Accepted Answer

Changes that affect the comparability of financial statements but not their consistency, such as error corrections not involving principles, changes in accounting estimates, and variations in the format and presentation of financial information, do not require disclosure in the auditor's report regarding consistency. These changes do not involve a shift in accounting principles or methods but rather adjustments and presentations within the existing framework.

Which of the Following Are Changes That Affect the Comparability