A statement that the auditor's responsibility is to express an opinion on the financial statements is contained in the:Select one:a.Opening paragraphb.Scope paragraphc.Opening and scope paragraphd.Opinion paragraph
Question
A statement that the auditor's responsibility is to express an opinion on the financial statements is contained in the:Select one:a.Opening paragraphb.Scope paragraphc.Opening and scope paragraphd.Opinion paragraph
Solution
The statement that the auditor's responsibility is to express an opinion on the financial statements is contained in the:
b. Scope paragraph
The scope paragraph of the auditor's report describes the nature of the audit, including the responsibilities of the auditor and the management of the entity. This includes the auditor's responsibility to express an opinion on the financial statements.
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