Choice b is incorrect since the auditors standard

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Unformatted text preview: g standards the auditor followed in performing the audit. Choice "b" is incorrect, since the auditor's standard report should include reference to the country of origin of the accounting principles used to prepare the financial statements. Choice "d" is incorrect, since the auditor's standard report should include reference to the country of origin of both the accounting principles used to prepare the financial statements and the auditing standards the auditor followed in performing the audit. 1 © 2009 DeVry/Becker Educational Development Corp. All rights reserved. Maxixishere Pdf Collection Auditing and Attestation 1 Class Questions 3. CPA-02302 Harris, CPA, has been asked to audit and report on the balance sheet of Fox Co., but not on the statements of income, retained earnings, or cash flows. Harris will have access to all information underlying the basic financial statements. Under these circumstances, Harris may: a. Not accept the engagement because it would constitute a violation of the profession's ethical standards. b. Not accept the...
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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.

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