Auditors communicate audit results to users concerning a company's financial statements by:
A) issuing a report on the effectiveness of ICFR.
B) issuing the financial statements.
C) issuing a report about the financial statements.
D) None of the above.

Question

Quizplus · Accepted Answer

Auditors communicate audit results to users by issuing a report about the financial statements. This report provides an opinion on whether the financial statements are fairly presented and in compliance with accounting standards. While auditors may also issue a report on the effectiveness of internal control over financial reporting (ICFR), this does not directly communicate the audit results related to the financial statements themselves. Similarly, auditors do not issue the financial statements themselves.

Auditors Communicate Audit Results to Users Concerning a Company's Financial