AA – L2 – SA – Q4.10 – Auditor’s Report

Section of auditor’s report for ISA statement.

Question

Which section of the auditor’s report should include a statement that the audit has been carried out in accordance with ISAs?

A Auditor’s opinion paragraph

B Auditor’s responsibilities for the audit of the financial statements C Responsibilities for the financial statements paragraph

D Basis for opinion paragraph

Answer

Explanation:
The statement that the audit was conducted in accordance with International Standards on Auditing (ISAs) is included in the “Basis for Opinion” paragraph of the auditor’s report, as per ISA requirements. This section outlines the standards followed and the basis for the auditor’s opinion. Other sections, such as the opinion or responsibilities paragraphs, have different purposes. Option

Tags: Audit reporting, Auditor’s Report, ICAG, ISA Compliance
Level: Level 2

Topic: Completion Procedures and Reporting

Uploader: Salamat Hamid