When audited financial statements are presented in a document containing other information,the auditors should
A) Perform inquiry and analytical procedures to ascertain whether the other information is reasonable.
B) Add an explanatory paragraph to the auditors' report without modifying the opinion on the financial statements.
C) Perform the appropriate substantive procedures to corroborate the other information.
D) Read the other information to determine that it is consistent with the audited financial statements.

Question

Quizplus · Accepted Answer

Auditors are required to read the other information to ensure it is consistent with the audited financial statements, but they are not required to perform additional procedures unless inconsistencies are found.

When Audited Financial Statements Are Presented in a Document Containing