Which of the following is an element of the introductory paragraph of an auditor's report under AICPA standards?
A) Identifies the type of opinion the auditor is giving
B) Identifies the entity, financial statements being audited and time period
C) Identifies audit testing and procedures used
D) Identifies the generally accepted auditing standards followed in conducting the audit

Question

Quizplus · Accepted Answer

The introductory paragraph of an auditor's report under AICPA standards includes the identification of the entity, financial statements being audited, and time period. The type of opinion, audit testing and procedures used, and generally accepted auditing standards followed are typically included in later sections of the report.

Which of the Following Is an Element of the Introductory