An auditor who was engaged to perform an examination of the financial statements of a nonpublic entity has been asked by the client to refrain from performing various audit procedures and change the nature of the engagement to a review of the financial statements in accordance with standards established by the AICPA. The client's request was made because the cost to complete the examination was significant. Under these circumstances, the auditor would most likely:
A) qualify the auditor's report and refer to the scope limitation.
B) view the request as an indication of a possible irregularity.
C) complete the examination that was in progress.
D) honor the client's request.
Correct Answer:
Verified
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