Which of the following statements is not true with regards to the auditor's responsibility where a client entity decides to publish its audited financial report on its website.
A)The auditor should review the website to make sure the auditor's report cannot be attached to or be seen as covering any information that the auditor's report was not intended to cover.
B)The auditor may decide to provide a separate auditor's report for electronic dissemination.
C)The auditor should structure the engagement to audit the financial report published on the website as a separate audit engagement, have the client sign a separate engagement letter and undertake appropriate additional audit procedures.
D)The auditor should consider the risks of whether the financial report on the website is in accordance with the published financial report.

Question

Quizplus · Accepted Answer

The auditor's responsibility does not extend to structuring the engagement to audit the financial report published on the website as a separate audit engagement with a separate engagement letter and additional audit procedures. The auditor's primary concern is whether the financial report on the website is consistent with the audited financial report and whether the auditor's report is appropriately presented alongside it.

Which of the Following Statements Is Not True with Regards