The objectives of the Reporting section of Principles Underlying an Audit Conducted in Accordance with GAAS are to provide assurance and include all of the following except for:
A)an opinion statement of whether the financial statements present fairly.
B)an opinion statement of whether the financials are free of material misstatements.
C)an opinion statement of whether the financials are in accordance with an applicable financial reporting framework.
D)an opinion statement of whether the financial statements between periods are not materially affected by changes in accounting principles that are not disclosed.

Question

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The objectives of the Reporting section of Principles Underlying an Audit Conducted in Accordance with GAAS are to provide assurance on the fairness of the financial statements, whether they are free of material misstatements, and whether they are in accordance with an applicable financial reporting framework. However, the objective does not include an opinion statement on whether the financial statements between periods are not materially affected by changes in accounting principles that are not disclosed.

The Objectives of the Reporting Section of Principles Underlying an Audit