An auditor evaluates fair presentation in the financial statements from the auditee's perspective.

Question

Quizplus · Accepted Answer

An auditor evaluates fair presentation in the financial statements from the user's perspective, not the auditee's perspective. The auditor provides an opinion on whether the financial statements are fairly presented, in all material respects, in accordance with the applicable financial reporting framework.

An Auditor Evaluates Fair Presentation in the Financial Statements from the Auditee's