Under Canadian Auditing Standards,the introductory paragraph of the independent auditor's report for a corporation indicates that the auditor has audited the statement of financial position,the income statement,the statement of cash flows,a summary of accounting policies and notes,and
A)the statements of retained earnings.
B)the statement of changes in equity.
C)management's discussion and analysis letter.
D)the internal controls of the company.

Question

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The introductory paragraph of the independent auditor's report for a corporation indicates that the auditor has audited the statement of financial position, the income statement, the statement of cash flows, a summary of accounting policies and notes, and the statement of changes in equity. The statements of retained earnings are now typically included within the statement of changes in equity. Management's discussion and analysis letter and the internal controls of the company are not audited under Canadian Auditing Standards.

Under Canadian Auditing Standards,the Introductory Paragraph of the Independent Auditor's