In the auditor's report the financial statements on which the opinion is being expressed are specified in the:
A) Introductory paragraph.
B) Opinion paragraph.
C) Scope paragraph.
D) Explanatory paragraph.

Question

Quizplus · Accepted Answer

The introductory paragraph of the auditor's report specifies the financial statements on which the opinion is being expressed. It typically identifies the entity whose financial statements are being audited and provides information on the period covered by the statements.

In the Auditor's Report the Financial Statements on Which the Opinion