Under the Canada Business Corporations Act, the auditor has a responsibility to form an opinion on the company's
A) operations.
B) independence.
C) financial statements.
D) none of the above

Question

Quizplus · Accepted Answer

According to the Canada Business Corporations Act, the auditor has a responsibility to form an opinion on the company's financial statements, which includes the accuracy and completeness of the financial data presented in the company's balance sheet, income statement, and cash flow statement. The auditor is expected to provide assurance that the financial statements are presented fairly in all material respects and in compliance with the relevant accounting standards. The auditor's responsibility does not extend to the company's operations or independence.

Under the Canada Business Corporations Act, the Auditor Has a Responsibility