An auditor is not required to inform the reader of an audit report when there has been a change in accounting principles that materially affects the financial statements.
Correct Answer:
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Q1: As described by the AICPA,the purpose of
Q2: The auditor should only provide an opinion
Q4: A client that has a departure from
Q5: Under international auditing standards,when the audit client
Q6: The SEC has established reporting deadlines for
Q7: When financial statements contain generally accepted accounting
Q8: The term "except for" is used in
Q9: The phrase "substantial doubt about the company's
Q10: A justified departure from GAAP will result
Q11: After the balance sheet date but prior
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