Which of the following is not explicitly included in an audit report for a nonpublic company?
A)A statement that he auditor believes that his or her audit provides a reasonable basis for expressing negative assurance.
B)A statement that the auditor's responsibility is to express an opinion on the financial statements.
C)A statement that the financial statements are the responsibility of management.
D)A title with the word "independent."

Question

Quizplus · Accepted Answer

Audit reports for nonpublic companies do not include a statement about providing negative assurance; they provide positive assurance on the financial statements.

Which of the Following Is Not Explicitly Included in an Audit