Which of the following violates the generally accepted auditing standard indicated?
A)Opinion: Auditors issued an adverse opinion on financial statements.
B)Consistency: An auditor explained inconsistencies between a client's application of GAAP over the last two years.
C)Evidence: An auditor used last year's opinion as the only evidence for the current year's opinion.
D)All of the above violate the standards indicated.

Question

Quizplus · Accepted Answer

Auditors must gather sufficient and appropriate evidence each year to form an opinion; relying solely on last year's opinion is inadequate and violates the evidence standard.

Which of the Following Violates the Generally Accepted Auditing Standard