An auditor does not express an opinion on the fairness of the financial statements when issuing a standard compilation report.

Name: An auditor does not express an opinion on the fairness of the financial statements when issuing a standard compilation report.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An auditor only provides a standard compilation report that presents the financial information as provided by the client, without providing an opinion on their fairness.

An Auditor Does Not Express an Opinion on the Fairness