In which section of the standard audit report does the auditor inform financial statement users that certain information, such as combining statements or budgetary comparison schedules may not have been subject to the comprehensive audit procedures?
A) Auditor's Opinion section.
B) Other Matters section.
C) Other Information section
D) Auditor's Responsibility section.

Question

Quizplus · Accepted Answer

The "Other Information" section of the standard audit report is where the auditor informs financial statement users about the scope of the audit regarding certain information (like combining statements or budgetary comparison schedules) that may not have been subject to the comprehensive audit procedures applied to the main financial statements. This section clarifies the extent of the auditor's responsibility for this additional information.

In Which Section of the Standard Audit Report Does the Auditor