The auditor's best course of action with respect to "other financial information" included in an annual report containing the auditor's report is to:
A)indicate in the auditor's report that the "other financial information" is unaudited.
B)consider whether the "other financial information" is accurate by performing a limited review.
C)obtain written representations from management as to the material accuracy of the "other financial information."
D)read and consider the manner of presentation of the "other financial information."

Question

Quizplus · Accepted Answer

The auditor's role with "other financial information" is limited to reading and considering the manner of its presentation. The auditor does not provide an opinion on this information, nor is a limited review required. Written representations from management also may not be sufficient to ensure the accuracy of the information.

The Auditor's Best Course of Action with Respect to "Other