In performing a financial statement audit in accordance with government auditing standards,an auditor is required to report on the entity's compliance with laws and regulations.This report should
A)state that compliance with laws and regulations is the responsibility of the entity's management.
B)describe the laws and regulations with which the entity must comply.
C)provide an opinion on overall compliance with laws and regulations.
D)indicate that the auditor does not possess legal skills and cannot make legal judgments.

Question

Quizplus · Accepted Answer

The report should state that compliance with laws and regulations is the responsibility of the entity's management, as the auditor's role is to assess and report on compliance, not to ensure it.

In Performing a Financial Statement Audit in Accordance with Government