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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.
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
c. The auditor should report on the accompanying information only if the auditor did not participate in its
d. The auditor should report on the accompanying information only if it contains obvious material
Choice "a" is correct. When the auditor submits a document containing audited financial statements to a
client or others, the auditor h...
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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.
- Fall '12