Which of the following is not a difference between the audit report of a nonpublic and public company?
A) The public company report includes the word "Registered" in the title.
B) The public company report refers to standards of the PCAOB.
C) The public company report has an additional paragraph referring to the client's fraud prevention procedures.
D) The public company report is shorter.

Question

Quizplus · Accepted Answer

Public company audit reports do not have an additional paragraph specifically referring to the client's fraud prevention procedures. The other options are actual differences between public and nonpublic company audit reports.

Which of the Following Is Not a Difference Between the Audit