In cases wherein specialists are hired, the responsibility for arriving at an overall conclusion regarding fair presentation of a client's financial statements rests with the _______.
A)auditors
B)specialists
C)clients
D)government

Question

Quizplus · Accepted Answer

Although specialists may be hired to provide their expertise on certain aspects of a client's financial statements, the ultimate responsibility for arriving at an overall conclusion regarding fair presentation rests with the auditors. This is because auditors are responsible for expressing an opinion on the financial statements as a whole, not just on individual components.

In Cases Wherein Specialists Are Hired, the Responsibility for Arriving