Reference in a principal auditor's report to the fact that part of the audit was performed by another auditor most likely would be an indication of the:

Question

Quizplus · Accepted Answer

Choice "A" is correct. Reference to another auditor indicates division of responsibility for the audits of the components of the overall financial statements. Choice "B" is incorrect. Reference to another auditor would not generally be made if the other auditor's portion of the financial statements were immaterial. Choice "C" is incorrect. The reference in the report is not meant to recognize the qualifications of the other auditor, but simply to divide the responsibility between the two auditors. Choice "D" is incorrect. The reference to the other auditor would be made regardless of what type of opinion is expressed by each auditor.

Reference in a Principal Auditor's Report to the Fact That