Cpa 03173 choice a is correct when the auditor

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: lementary information. Choice "d" is incorrect. The auditor is responsible for performing certain limited procedures on supplementary information and for expanding his/her report if such information is omitted or is not presented in compliance with the applicable requirements. 21. CPA-03173 What is an auditor's reporting responsibility concerning information accompanying the basic financial statements in an auditor-submitted document? a. The auditor should report on all the accompanying information included in the document. b. The auditor should report on the accompanying information only if the auditor participated in its preparation. c. The auditor should report on the accompanying information only if the auditor did not participate in its preparation. d. The auditor should report on the accompanying information only if it contains obvious material misstatements. CPA-03173 Choice "a" is correct. When the auditor submits a document containing audited financial statements to a client or others, the auditor h...
View Full Document

This note was uploaded on 06/14/2013 for the course ACCOUNTING audit cpa taught by Professor Becker during the Fall '12 term at Keller Graduate School of Management.

Ask a homework question - tutors are online