B express an opinion only on the current years

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: tements following a pooling of interests affects comparability of the financial statements, but would not result in a change in opinion from the audit report previously issued. 8 © 2009 DeVry/Becker Educational Development Corp. All rights reserved. Maxixishere Pdf Collection Auditing and Attestation 1 Class Questions 16. CPA-04614 Comparative financial statements include the prior year's statements that were audited by a predecessor auditor whose report is not presented. If the predecessor's report was unqualified, the successor should: a. Add an explanatory paragraph that expresses only limited assurance concerning the fair presentation of the prior year's financial statements. b. Express an opinion only on the current year's financial statements and make no reference to the prior year's financial statements. c. Indicate in the auditor's report that the predecessor auditor expressed an unqualified opinion on the prior year's financial statements. d. Obtain a letter of representations from the predecessor auditor concerning any ma...
View Full Document

Ask a homework question - tutors are online