The introductory paragraph of the standard audit report states that the auditor is:
A) responsible for the financial statements and the opinion on them.
B) responsible for the financial statements.
C) responsible for the opinion on the financial statements.
D) jointly responsible for the financial statements with management.

Question

Quizplus · Accepted Answer

The introductory paragraph of the standard audit report states that the auditor is responsible for the opinion on the financial statements, indicating that the auditor's role is to provide an independent assessment of the financial statements rather than taking joint responsibility with management.

The Introductory Paragraph of the Standard Audit Report States That