Which of the following information need not be reported in the auditors' report of a nonpublic company if the information is considered to be properly stated after performing appropriate procedures?
A)FASB-required supplementary information.
B)Other information in documents containing audited financial statements.
C)Supplementary information in relation to the financial statements as a whole.
D)GASB-required supplementary information.

Question

Quizplus · Accepted Answer

The auditors' report for a nonpublic company does not need to include a section on other information in documents containing audited financial statements if it is considered to be properly stated after performing appropriate procedures. This is because the primary focus of the auditors' report is on the financial statements themselves and any required supplementary information, rather than on other information included in the documents.

Which of the Following Information Need Not Be Reported in the Auditors