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Author Question: The standard audit report for nonpublic entities refers to GAAS and GAAP in which sections? (Read 223 times)

ShannenConnor

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on: Aug 21, 2022

Question 1

The management's responsibilities section of the standard unmodified opinion audit report for a nonpublic company states that the financial statements are
◦ the responsibility of the auditor.
◦ the responsibility of management.
◦ the joint responsibility of management and the auditor.
◦ None of these.

Question 2

The standard audit report for nonpublic entities refers to GAAS and GAAP in which sections?
◦
GAASGAAP
Auditor's Responsibilities paragraphAuditor's Responsibilities paragraph 

◦
GAASGAAP
Auditor's Responsibilities paragraph  Auditor's Opinion
paragraph

◦
GAASGAAP
Management's Responsibilities and Auditor's Opinion paragraphsManagement's Responsibilities and Auditor's Opinion paragraphs

◦
GAASGAAP
Auditor's responsibilities and Basis for Opinion paragraphsManagement's Responsibilities and Auditor's Opinion paragraphs 
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by ShannenConnor on Aug 21, 2022

FireandIce

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ShannenConnor

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

Dinolord

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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