The scope paragraph of the standard report on the entity's financial statements does not include the statement
A) "In conformity with accounting principles generally accepted in the United States of America…."
B) "We believe that our audits provide a reasonable basis for an opinion."
C) "An audit also includes assessing the accounting principles used and significant estimates made by management...."
D) "Those standards require that we plan and perform the audit to obtain reasonable assurance...."

Question

Quizplus · Accepted Answer

The scope paragraph does not include the statement about conformity with accounting principles; this is typically found in the opinion paragraph.

The Scope Paragraph of the Standard Report on the Entity's