The introductory paragraph of the auditors' report indicates that an audit has been conducted and identifies the financial statements the auditors examined.

Question

Quizplus · Accepted Answer

The introductory paragraph of the auditors' report typically starts with a statement that an audit has been conducted and specifies the financial statements that have been examined by the auditors. This is a standard feature of the introductory paragraph, which usually sets the context for the rest of the report. Therefore, the statement is true.

The Introductory Paragraph of the Auditors' Report Indicates That an Audit