Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

تمرين 4

When reporting on financial statements prepared on the basis of accounting used for income tax purposes, the auditor should include in the report a paragraph that
A) Emphasizes that the financial statements have not been examined in accordance with generally accepted auditing standards.
B) Refers to the authoritative pronouncements that explain the income tax basis of accounting being used.
C) States that the income tax basis of accounting is a basis of accounting other than generally accepted accounting principles.
D) Justifies the use of the income tax basis of accounting.