Which of the following is NOT true? The external auditor's report provides the auditor's opinion that the financial statements:
A) give a true and fair view.
B) are in accordance with the provisions of the Corporations Act 2001.
C) are accurate.
D) are in accordance with applicable accounting standards.

Question

Quizplus · Accepted Answer

The external auditor's report does not provide an opinion on the accuracy of the financial statements but rather on whether they present a true and fair view, are in accordance with the provisions of the Corporations Act, and comply with applicable accounting standards. Accuracy is a component of these overall criteria.

Which of the Following Is NOT True? the External Auditor's