Auditors do not provide which of the following?
A) assurance on financial statements
B) assurance on the effectiveness of internal controls over financial reporting
C) assurance on corporate sustainability reports
D) absolute assurance on the financial statements including assuming responsibility for them

Question

Quizplus · Accepted Answer

Auditors provide reasonable assurance on the fairness of the financial statements and the effectiveness of internal controls over financial reporting, but they do not provide absolute assurance or assume responsibility for the financial statements. Absolute assurance is not attainable due to inherent limitations in any audit.

Auditors Do Not Provide Which of the Following