The scope paragraph of the auditor's responsibility section of the audit report issued for financial statements of a non-public company should refer to generally accepted auditing standards .

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The scope paragraph of the auditor's responsibility section of the audit report for financial statements of a non-public company should reference the generally accepted auditing standards that were followed during the audit. This paragraph typically outlines the extent of the auditor's procedures and the responsibility of the company's management for the financial statements.

The Scope Paragraph of the Auditor's Responsibility Section of the Audit