The independent auditor's report is the
A)communication of the outcome of auditor's evaluation to the users.
B)set of audited financial statements.
C)invoice of the auditor detailing the work they have performed.
D)report presented to management about the possible improvements.

Question

Quizplus · Accepted Answer

The independent auditor's report is a communication of the outcome of the auditor's evaluation to the users of the financial statements. It includes the auditor's opinion on the financial statements and whether they are presented fairly in all material respects in accordance with the applicable financial reporting framework. It also includes disclosures about the auditor's responsibilities and any significant findings or issues that arose during the audit.

The Independent Auditor's Report Is the