Which of the following statements is not included in the scope paragraph of the standard report on the entity's financial statements?
A) "Our responsibility is to express an opinion on those financial statements.…"
B) "Those standards require that we plan and perform the audit...."
C) "We believe that our audit provides a reasonable basis for our opinion."
D) "An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements."

Question

Quizplus · Accepted Answer

The statement in option A is part of the introductory paragraph of the standard report, not the scope paragraph. The scope paragraph typically includes statements about the audit methodology, the procedures performed, and the extent of testing. Options B, C, and D are typically part of the scope paragraph.

Which of the Following Statements Is Not Included in the Scope