All of the following are true with respect to the auditor's consideration of information other than the audited financial report that are included in a client's annual report except:
A)the auditor must consider whether the other information is consistent with the information contained in the audited financial statements.
B)the auditor is under no obligation to perform audit procedures on this other information.
C)the auditor must perform audit procedures on this other information.
D)the auditor must request that material inconsistencies be corrected.

Question

Quizplus · Accepted Answer

The auditor is not required to perform audit procedures on other information included in the client's annual report. However, the auditor is required to read the other information and consider whether it is consistent with the audited financial report. Furthermore, if the auditor identifies material inconsistencies, the auditor should request that they be corrected.

All of the Following Are True with Respect to the Auditor's