If the auditor believes that the financial statements are not fairly stated or is unable to reach a conclusion because of insufficient evidence,the auditor:
In certifying their annual financial statements,the CEO and CFO of a public company certify that the financial statements comply with the requirements of:
Because they operate the business on a daily basis,a company's management knows more about the company's transactions and related assets,liabilities,and equity than the auditors.
An audit must be performed with an attitude of professional skepticism.Professional skepticism consists of two primary components: a questioning mind and:
The auditor has no responsibility to plan and perform the audit to obtain reasonable assurance that misstatements,whether caused by errors or fraud,that are not ________ are detected.