It is not appropriate for the auditors' report to refer a reader to a financial statement note for details regarding a(an):
A) Change in accounting principle.
B) Limitation in the scope of the audit.
C) Uncertainty.
D) Related party transaction.

Question

Quizplus · Accepted Answer

If there is a limitation in the scope of the audit, it should be disclosed in the auditors' report itself and not referred to a note in the financial statements. The other options can be appropriately addressed in a note and referred to in the auditors' report.

It Is Not Appropriate for the Auditors' Report to Refer