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Which would not be included in an auditor report

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Reference no: EM132669841

Problem 1: Which of the following statements is true concerning the auditors' report on compliance based on a GAAS audit?

Multiple Choice

Option 1: The report identifies the nature of the opinion expressed on the financial statements.

Option 2: The report expresses the auditors' opinion on compliance.

Option 3: The report indicates that use of the report should be limited to specific parties.

Option 4: The report lists specific procedure(s) performed during the GAAS audit that relate to compliance.

Problem 2: Which of the following would not be included in an auditor's report on financial statements prepared under a special purpose framework?

Multiple Choice

Option 1: A sentence that identifies the special purpose framework.

Option 2: A statement that the financial statements were prepared in accordance with accounting principles generally accepted in the United States of America.

Option 3: Reference to the special purpose framework in the Opinion section.

Option 4: All of the choices would be included in the report.

Reference no: EM132669841

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