The standard letter of confirmation from a client's legal counsel should ask for information about the period of time
A)covered by the client's financial statements.
B)covered by the client's financial statements plus the preceding year.
C)covered by the client's financial statements plus the succeeding year.
D)approximately up to the date of the auditor's report.

Question

Quizplus · Accepted Answer

The standard letter of confirmation from a client's legal counsel typically requests information about any matters that could affect the financial statements up to the date of the auditor's report. This ensures that the most current and relevant legal information is considered in the audit.

The Standard Letter of Confirmation from a Client's Legal Counsel